Broadridge Expands Tokenization for Multi-Asset Trading

Broadridge Financial Solutions announced an expansion of its tokenization capabilities to allow institutional firms to trade and settle tokenized equities, funds, alternatives, money market instruments and fixed income on a single order-to-post-trade platform.

The company extended the tokenization engine used in its Distributed Ledger Repo solution to additional asset classes. Broadridge reported its broader infrastructure supports more than $15 trillion in assets each day and that its Distributed Ledger Repo tokenizes over $365 billion daily.

Broadridge’s post-trade systems can process tokenized securities, fractionalized assets and crypto-related holdings alongside traditional instruments using the same workflows, controls, reconciliation and reporting standards. Institutions can perform issuance, transfer, settlement and asset servicing for tokenized assets without running separate back-office systems for digital and traditional holdings.

The firm provides direct connectivity to public and permissioned Layer 1 blockchain networks, including Canton, Ethereum and EVM-compatible chains, giving clients a single integration point across multiple networks. Broadridge will manage the underlying connectivity while operations teams retain oversight of business workflow, risk and compliance through existing control frameworks.

On the front end, Broadridge is integrating CQG and NYFIX to support trading of tokenized assets within existing workflows. The combined capabilities offer front-end trading access, intelligent order routing and connectivity across execution venues, including crypto exchanges and prediction markets. Broadridge noted its routing infrastructure handles millions of trades each day.

Corporate actions and governance functions are adapted to the unified platform. Dividend processing, mandatory and voluntary corporate actions, proxy voting and on-chain governance for tokenized equities will flow through Broadridge’s existing infrastructure so investors receive consistent entitlements, disclosure and voting access whether assets are held in custodial accounts, digital wallets or directly on chain.

Frank Troise, president of Broadridge’s Global Capital Markets business, stated that the company’s Distributed Ledger Repo platform already tokenizes more than $365 billion each day and that the expanded capabilities allow trading of tokenized securities across Broadridge’s infrastructure while using established systems, controls and workflows.

The company framed the expansion as a response to demand for tokenized securities and said the offering aims to support standardized protocols for issuance, transfer, settlement and asset servicing, along with interoperability across firms and venues.