#broadridge

➤ Broadridge's Distributed Ledger Repo platform processed $7.2 trillion in May, demonstrating significant growth and institutional adoption of tokenized settlement infrastructure. ➤ The platform's success highlights the shift of tokenization from experimental projects to solving operational challenges in core funding, collateral, and liquidity markets. ➤ This trend indicates that institutional finance is increasingly focusing on tokenization for operational efficiency and modernization rather than speculative crypto trading.

➤ On-chain repo is transforming traditional repurchase agreements by leveraging distributed ledgers, tokenized collateral, and digital settlement rails for enhanced efficiency and collateral mobility. ➤ Platforms like Broadridge's DLR are already processing significant volumes, demonstrating the shift from theoretical concepts to scaled production use in institutional finance. ➤ The evolution of on-chain repo is crucial for the growth of tokenized securities and RWAs, providing essential financing and collateral systems for future digital market infrastructure.

➤ Broadridge's Distributed Ledger Repo (DLR) platform experienced significant growth, processing $7.2 trillion in May, a 220% year-over-year increase in daily average volume. ➤ This growth highlights the increasing institutional adoption of tokenized settlement and distributed ledger technology for capital markets. ➤ Broadridge is expanding its tokenization capabilities to support various asset classes, aiming to modernize market infrastructure and enhance liquidity and operational efficiency.

➤ Ondo Finance has partnered with Broadridge to enable tokenized equity holders to vote in shareholder meetings directly from crypto wallets, achieving governance parity with traditional ownership. ➤ The tokenized equity market is projected to double to $2.5-$3 billion by the end of 2026, with Ondo Finance holding a significant market share and recently crossing $1 billion in total value locked. ➤ The ONDO token's price is heavily influenced by an upcoming fee-switch vote that could direct protocol revenue to token holders, potentially shifting its investment thesis from governance to yield-bearing.

➤ Broadridge has expanded its infrastructure to support tokenized securities, integrating them with traditional assets across trading and post-trade operations. ➤ The platform connects to public and permissioned blockchains, including Ethereum-compatible chains and Canton, and supports corporate actions and governance for both tokenized and traditional assets. ➤ This expansion aligns with a broader Wall Street push into blockchain-based trading and settlement, with other firms like Franklin Templeton and Kraken also advancing tokenized products and infrastructure.

➤ Ondo Finance's Global Markets platform has surpassed $1 billion in TVL, offering economic exposure to over 260 tokenized US stocks and ETFs across multiple blockchains. ➤ A new partnership with Broadridge enables tokenized equity holders to exercise voting rights on corporate matters, addressing a key hurdle for institutional adoption. ➤ This milestone signifies the growing integration of traditional equity markets with DeFi infrastructure, driven by increasing institutional and retail demand for on-chain traditional assets.

➤ Broadridge is expanding its tokenization infrastructure to support a wider range of asset classes, integrating digital assets into existing market frameworks. ➤ The company's strategy focuses on operational compatibility and interoperability, treating tokenization as an extension of current infrastructure rather than a replacement. ➤ This move signifies a broader industry trend towards integrating tokenized assets into established trading and post-trade systems to overcome adoption barriers.

➤ Broadridge has expanded its infrastructure to support tokenized securities across various asset classes, integrating them with traditional financial instruments. ➤ This move aligns with Wall Street's increasing investment in blockchain-based trading and settlement systems, with a notable growth in tokenized Treasury products. ➤ Collaborations between major financial players like Franklin Templeton, Kraken, and infrastructure providers like Chainlink highlight the growing institutional adoption of tokenized assets.