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$7.6 Trillion in October: Broadridge’s Distributed Ledger Repo Platform Hits Processing Record

Headline from U.Today

Image: U.Today

Key points

  • Broadridge Financial Solutions announced that its distributed ledger repo platform achieved a major milestone, processing $7.6 trillion in transaction volume throughout October.
  • The blockchain-powered system maintained an average daily processing volume of $345 billion during the month, highlighting the increasing adoption of distributed ledger technology within traditional financial markets and institutional repo trading.

Summarized automatically by Kryptokite from reporting by U.Today. Read the original sources for full detail.

Sources

  • U.Today$7.6 Trillion in October: Broadridge’s Distributed Ledger Repo Platform Hits Processing Record · 27 hours agoRead on U.Today

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Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

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