Broadridge has rolled out its DLX digital asset platform to U.S. broker-dealers, registered investment advisers and wealth managers, widening a product it previously launched in Canada. The company said the service is built to let firms add cryptocurrencies and tokenized securities to the same operational environment they already use for traditional investments.
Rather than requiring a separate books-and-records setup for digital assets, DLX is designed to plug into Broadridge systems or third-party recordkeeping platforms. Broadridge said that approach allows firms to keep existing downstream processes in place, including tax reporting, client confirmations, account statements and regulatory reporting.
Digital assets within existing wealth systems
The U.S. version of DLX is aimed at firms that want to offer both crypto and tokenized real-world assets without building parallel infrastructure. Broadridge said digital holdings can sit alongside conventional investments in advisor-led and self-directed accounts, covering cryptocurrencies as well as tokenized equities, funds, and private or alternative assets.
The platform is positioned as a link between traditional financial operations and on-chain markets. According to Broadridge, it supports functions including issuance, trading, settlement, servicing, custody and distribution across multiple blockchain networks.
Anchorage Digital and Galaxy join as initial partners
Broadridge named Anchorage Digital and Galaxy as the first U.S. partners supporting the launch. Anchorage Digital is providing institutional custody and settlement capabilities, while Galaxy is contributing digital asset market infrastructure and liquidity.
Broadridge said the setup is intended to give wealth firms access to digital asset capabilities through established channels, while also allowing issuers and asset managers to use the same infrastructure to create and service tokenized instruments.
Built on Broadridge's tokenized asset infrastructure
The new wealth offering builds on Broadridge's Distributed Ledger Repo, or DLR, platform. The company said DLR already handles institutional repo and collateral activity involving tokenized assets and processes more than $351 billion in tokenized real assets each day.
Broadridge also said it has expanded DLR to support G7 securities in cross-border repo, intraday financing and collateral movements, using atomic settlement for international transactions. That existing institutional base is now being extended into a product for wealth firms seeking exposure to tokenized funds, equities, fixed-income products and other assets.
What comes next
Broadridge said DLX can connect in the future to DTCC's Tokenization Service through Canton and other networks. That points to a broader effort to link tokenized asset workflows with market infrastructure already used across traditional finance.
The launch also comes as financial firms continue to weigh how to add tokenized capabilities. Broadridge cited a survey dated September 14 that found strong interest in tokenization among financial-services decision-makers, with many planning to integrate those capabilities into existing systems instead of operating standalone environments.
Source: crypto.news