Broadridge
InfrastructureActive

Broadridge

$9 trillion a month in repo and nobody in DeFi talks about it. Now doing onchain proxy voting for tokenized equities on Avalanche. First client: Galaxy Digital via Superstate. Quietly becoming the governance layer for tokenized securities.

01 /

Brief

DLR platform processes up to ~$9T/month in tokenized repo on Canton Network. ~500% YoY growth. JPM Coin settles the cash leg. Connected to Goldman Sachs, BNY Mellon, UBS, HSBC, Societe Generale.

02 /

Recent activity

Latest moves on the changelog feed.

  • Apr 6, 2026WIRED

    Broadridge → Avalanche. Dedicated L1 for onchain proxy voting.

  • Apr 6, 2026WIRED

    Broadridge → Superstate. Onchain proxy voting for tokenized equities (Galaxy first client).

03 /

Snapshot

Key terms and identifiers.

Asset classes
Private credit, Treasuries, Equities
Regulatory
sec-reg-d, dtcc-settlement-2026
04 /

Milestones

How this player got here.

  1. Apr 2026Broadridge → Avalanche. Dedicated L1 for onchain proxy voting.
05 /

Connections

Who they build with, build on, integrate with.