Broadridge Financial Solutions (NYSE: BR) launched DLX, a comprehensive tokenization and digital asset infrastructure platform. The system provides financial institutions with an end-to-end solution for operating across tokenized and traditional markets. It creates a connected layer to synchronize on-chain and off-chain activities.
The platform supports the full digital asset lifecycle, including issuance, trading, settlement, and custody. DLX builds on the existing Distributed Ledger Repo (DLR) platform which manages significant daily volumes. The infrastructure initially connects to the DTCC Tokenization Service through the Canton network. Broadridge targets a wide range of participants, including issuers, banks, asset managers, and wealth management firms.