DLT in the real world 2025: Broadridge – no longer "what if"?
How is tokenised repo starting to reshape collateral and funding markets?
In Partnership with

This podcast episode explores how Distributed Ledger Technology (DLT) is already reshaping repo and collateral markets in practice. Featuring Broadridge, the discussion looks at the growth of tokenised repo volumes, the rise of intraday repo, the role of digital cash and stablecoins, and how interoperability with existing infrastructure is supporting adoption. The conversation matters now as firms assess where DLT is delivering measurable value in funding and liquidity workflows.
Speakers

Barnaby Nelson
Chief Executive Officer
The ValueExchange
Horacio Barakat
VP, Digital Innovation, Capital Markets
Broadridge
Paul Chiappetta
Managing Director of Digital Innovation, Capital
BroadridgeDistributed Ledger Technology (DLT) is beginning to show more practical value in repo and collateral workflows as live volumes rise and production models become more established. The focus is shifting from proof of concept to how tokenised infrastructure can improve liquidity, funding and operational flexibility.
North American firms are investing heavily in securities processing transformation as cost, scale and operating model demands continue to evolve. This episode examines current investment priorities and the implications of extended trading hours for the path to 2030.
Produced in partnership with Broadridge, this episode explores how tokenised repo is evolving in practice, drawing on perspectives from Horacio Barakat and Paul Chiappetta on live platform activity, intraday liquidity, digital cash and interoperability with existing market infrastructure.
The episode highlights:
Tokenised repo volumes doubled in 12 months, reaching US dollar (USD) 4 trillion in July 2025
10–12 institutions are already live, with further participation expected
Intraday repo is delivering practical liquidity and capital benefits
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