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Broadridge's Distributed Ledger Repo Processes $7.6 Trillion in October

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Broadridge announced that its Distributed Ledger Repo (DLR) platform processed an average of $345 billion in daily repo transactions in October, totaling $7.6 trillion. The company highlights this as evidence of growing tokenized securities financing and the success of its recently launched DLX platform. While presenting significant volume, the release does not provide specific revenue or profit figures related to the DLR business.

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Source: Alpha VantageRead at Quantisnow

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