Broadridge has opened its US wealth platform to cryptocurrencies and tokenized securities, letting broker-dealers and registered investment advisers offer them through the systems they already run.
The infrastructure behind it is not new. Broadridge’s repo platform already tokenizes more than $351 billion a day, and the company’s systems underpin daily trading of over $18 trillion in tokenized and traditional securities. What changes is who can reach it.
Broadridge announced the expansion on September 14, extending a platform previously available only in Canada, with Anchorage Digital and Galaxy Digital as initial partners.
What It Actually Does
The pitch is integration rather than a new venue. Firms add digital assets to existing workflows, with downstream services including regulatory reporting, statements, confirmations, and tax continuing to run as they do for traditional holdings.
The platform supports cryptocurrencies and tokenized real-world assets, including equities, funds, and private or alternative investments, delivered through DLX, Broadridge’s tokenization infrastructure. It covers both advisor-led and self-directed models, integrated wallets with omnibus and segregated structures and multi-custodian capability, and proxy voting for both retail and institutional holders.
Tom Carey, Broadridge’s global head of product and technology, said digital assets are moving from the margins into mainstream investment conversations and that the platform lets firms extend their existing wealth experience while managing the operational complexity behind it.
The Number Underneath
Broadridge’s Distributed Ledger Repo platform, part of DLX, tokenizes more than $351 billion a day, which the company describes as the world’s largest institutional platform for settling tokenized real assets.
That figure matters more than the wealth launch itself. It establishes that the tokenization infrastructure is already operating at institutional scale in repo and collateral movement and that this announcement extends distribution rather than building capability.
Broadridge says its platforms process over 8 billion communications a year and underpin daily average trading of more than $18 trillion in tokenized and traditional securities. The company sits in the S&P 500, employing around 16,000 people across 28 countries.
The Partners
Anchorage Digital supplies custody and settlement. Chief executive Nathan McCauley described crypto as no longer a side conversation in wealth management but the conversation and pointed to the firm’s position as the first federally chartered digital asset bank in the US.
Galaxy Digital supplies market infrastructure. Founder and chief executive Mike Novogratz said the firm was combining its digital asset capabilities with Broadridge’s established wealth platform.
Broadridge describes both as the start of a growing ecosystem covering custodians, wallet infrastructure, liquidity, and compliance, giving firms flexibility as their requirements change.
The Same Firm Backed Kaiko the Same Day
Broadridge also appeared on September 14 among the investors backing Kaiko, the digital asset data provider, in a round led by S&P Global that extended its Series B to $110 million.
The two moves fit together. One supplies the distribution layer for wealth managers; the other buys into the reference data those products need to be priced and reported. Broadridge also joined a Kaiko-chaired working group on data standards for tokenized markets, alongside Nasdaq Ventures, BNP Paribas, and Royal Bank of Canada.
Governance Is the Unusual Part
The capability Broadridge highlights that most competitors do not is proxy voting on tokenized securities. Its governance platform covers issuer-listed models, synthetic securities issued outside the United States, and third-party tokenized shares within it.
The stated aim is that investors receive the same rights and protections regardless of how an asset is structured or owned—a question that has gone largely unaddressed as tokenized equity products have multiplied.
Also Read: Nasdaq Equity Tokens vs Kraken xStocks vs Real Shares: What Do You Actually Own?
