
Broadridge rolls out tokenization engine and AI tools as blockchain rivals threaten its market share
- —DLX launched September 9 for tokenization, trading, settlement and proxy voting on tokenized securities
- —Distributed Ledger Repo processes more than $351 billion daily
- —US wealth platform went live September 14 with crypto and tokenized securities for broker-dealers and RIAs
- —Partners include Ondo Finance and Galaxy Digital; AI tools target up to 30% cost savings
Why it matters: Tokenized equities reaching broker-dealers and RIAs through familiar infrastructure lowers the barrier for institutional adoption of digital assets.
Source: Crypto Briefing