Broadridge Financial Solutions, Inc. (NYSE:BR) is one of the best tech stocks to invest in on the dip. On June 8, Broadridge Financial Solutions, Inc. (NYSE:BR) announced that its Distributed Ledger Repo (DLR) platform processed $7.2 trillion in repo transactions during May 2026. The company noted that the average daily volume for the month amounts to $362 billion, a 220% year over year increase.
For context, the repo market is a short-term borrowing mechanism that financial institutions use to manage liquidity and collateral daily, and Broadridge’s DLR platform handles this activity using distributed ledger technology. According to the company, DLR allows tokenized securities to be settled and moved in real time within existing market workflows. Because it removes the need for manual reconciliations, the solution avoids settlement delays that typically slow down traditional repo infrastructure.
Horacio Barakat, Global Head of Digital Innovation at Broadridge, noted that the 220% year over year growth reflects a broader trend of institutional adoption. He said: “Institutions are increasingly looking for ways to improve liquidity efficiency and collateral mobility while maintaining operational simplicity. DLR is helping firms put tokenization to work in day-to-day market activity, delivering measurable benefits on an institutional scale.”
In August 2024, the DLR processed around $1 trillion, which then surged to $5.9 trillion by August 2025. The volume peaked at nearly $8 trillion by March this year.
Last month, on May 12, Broadridge announced an expansion of its tokenization capabilities that goes beyond the repo market. The company said plans were in motion to extend the DLR infrastructure to cover the issuance, trading, settlement, and servicing of tokenized securities across multiple asset classes. The goal, according to Frank Troise, President of Broadridge’s Global Capital Markets business, is to give institutions a single integrated framework through which they can operate across both traditional and digital markets.
Broadridge Financial Solutions, Inc. (NYSE:BR) is a financial technology company. It provides investor communications, governance, capital markets, and wealth management solutions to financial institutions, corporations, and asset managers.
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