Broadridge’s Tokenized Repo Settled $7.6 Trillion in October as Its Daily Pace Slowed
Broadridge’s Distributed Ledger Repo settled $7.6 trillion of repo transactions in October, an average of $345 billion on each settlement day, the company said on November 6. The total is the platform’s headline number for the month, and it arrives at the end of a year in which tokenized collateral moved out of pilot decks and into the funding plumbing that dealers use to finance their books.