Monthly transactions worth $4 trillion being handled by Broadridge's Distributed Ledger Repository solution
In the past four years, Broadridge's Distributed Ledger Repo (DLR) solution has made impressive strides, with daily transaction volumes increasing from $30 billion to over $200 billion as of June 2025, equating to approximately $4 trillion per month.
The growth in DLR transactions is primarily driven by an increase in the number of institutions using the solution. Notable banks acknowledged to be involved in DLR include UBS (the first large bank to adopt the technology), HSBC, Société Générale, DRW, and eight new clients, including some Tier 1 banks, signed during the last fiscal year.
The technology behind DLR utilizes blockchain infrastructure to tokenize underlying Treasuries and automate workflows via smart contracts. This innovative approach has contributed to the rapid increase in transaction volume, quadrupling monthly volume over approximately one year.
While Broadridge's overall recurring revenue grew 7% year-over-year in fiscal 2025, driven by various digital initiatives, the specific growth of the DLR solution is best characterized by the rapid increase in transaction volume rather than a straightforward percentage revenue growth figure.
To summarize, the DLR solution volume growth has risen from $1 trillion/month (2022) to $4 trillion/month (mid-2025), with daily volumes exceeding $200 billion in June 2024. Adopting banks include UBS, HSBC, Société Générale, DRW, and eight new clients, including Tier 1 banks, in the last fiscal year. The growth nature is characterized by rapid volume growth in transactions and steady client onboarding, with the acceleration occurring in 2024-2025. Overall company growth was supported by digital asset demand, including DLR-related solutions.
These data points indicate strong operational scaling of the DLR solution and increasing market adoption among major global banks.
- The continuous growth of the DLR solution is rooted in the increase of major global banks adopting the technology, such as UBS, HSBC, Société Générale, DRW, and additional Tier 1 banks that joined in the last fiscal year.
- The blockchain infrastructure employed by DLR significantly facilitates the tokenization of Treasuries and streamlines workflows via smart contracts, thereby fueling the remarkable fourfold increase in monthly transaction volume within approximately one year.
- Recent news in the industry spotlights the impressive scaling of the DLR solution, with daily transaction volumes escalating from $30 billion in 2022 to over $200 billion as of June 2025, translating to approximately $4 trillion per month.
- As technological advancements continue shaping the finance sector, market analysts and experts consistently cite DLR growth as a prime example of the valuable insights and transformative potential of distributed ledger and blockchain technologies.
