Global: G7 securities join Broadridge’s tokenized repo network

Broadridge Financial Solutions has expanded its Distributed Ledger Repo (DLR) platform to support G7 securities, broadening the network’s ability to facilitate cross-border repo transactions, intraday financing and collateral movements through atomic settlement.

The expansion gives institutional market participants access to a broader pool of tokenized collateral while enabling securities and cash to move in a synchronised transaction across markets, currencies and jurisdictions.

Horacio Barakat, Global Head of Digital Innovation at Broadridge, said tokenised financing and collateral markets have moved beyond experimentation and are already operating at institutional scale.

“Tokenized financing and collateral markets are not a future-state concept. Through DLR, they are proven market infrastructure operating at scale today,” Barakat said.

He added that the inclusion of G7 securities would extend the benefits of the platform across global markets by helping institutions improve collateral mobility, liquidity management and capital efficiency while reducing operational friction.

DLR processes $351bn in daily repo activity

Broadridge said DLR is already handling significant volumes of institutional repo activity.

In August 2026, the platform processed an average of $351 billion in daily repo transactions, with total transactions reaching $7.4 trillion for the month. Thousands of transactions are processed through the network each day.

The platform currently supports tokenized U.S. Treasury collateral for repo transactions, intraday repo activity and collateral pledges.

The addition of G7 securities expands the range of eligible assets that participating institutions can mobilise through the network, potentially increasing the utility of collateral for financing and liquidity management across global markets.

The development also reflects the growing application of distributed ledger technology (DLT) to established financial-market infrastructure, particularly in areas where traditional processes involve multiple intermediaries, manual reconciliation and settlement delays.

Atomic settlement strengthens collateral mobility

DLR enables the coordinated movement of tokenized securities and cash, allowing delivery and payment to occur together through atomic settlement.

By synchronising both sides of a transaction, the model is designed to reduce settlement risk while improving operational efficiency and giving institutions greater flexibility in managing funding, liquidity and high-quality collateral.

The addition of G7 securities extends this capability to cross-border repo and collateral transactions, allowing eligible securities to be financed and mobilised across different markets, currencies and jurisdictions.

For market participants, the expanded network could provide faster and more certain settlement, greater visibility into collateral positions and less reliance on manual processing.

It also allows institutions to deploy liquidity and financial resources more flexibly while maintaining governance and operational controls suited to institutional markets.

Tokenization expands global repo infrastructure

The inclusion of G7 securities represents another step in the development of tokenised financial-market infrastructure.

Rather than operating as a separate system, DLR is designed to integrate with existing institutional trading and post-trade workflows. This allows market participants to access tokenized functionality while maintaining familiar processes for executing and managing transactions.

The broader network supports:

• Cross-border repo, intraday repo and collateral transactions at institutional scale.
• Atomic settlement that synchronises securities delivery and payment.
• More efficient intraday liquidity and funding management.
• Greater collateral mobility through the addition of G7 securities.
• Improved flexibility in managing liquidity, funding, collateral and capital.
• Reduced operational complexity and manual intervention in cross-border workflows.
• Tokenised financial-market capabilities within established institutional trading and post-trade processes.

As participation grows, the expansion could increase the availability and utility of eligible collateral across markets while improving the efficiency with which financial institutions access funding and manage liquidity.

Broadridge increases visibility into on-chain repo

Broadridge is also working to improve transparency around activity on the DLR network.

Aggregated DLR market data, including repo par value, turnover and trade counts, is now available to Bloomberg Terminal subscribers through Broadridge’s collaboration with Kaiko.

The data gives market participants greater visibility into institutional on-chain repo activity alongside conventional fixed-income market information.

The combination of expanded collateral eligibility, cross-border functionality and increased market-data visibility highlights the growing role of tokenisation in modernising established financial infrastructure.

With G7 securities now supported on DLR, Broadridge is positioning the platform as an institutional network for moving collateral, accessing liquidity and executing repo transactions across increasingly interconnected global markets.