Broadridge brings digital assets to U.S. wealth management
Broadridge Financial Solutions is bringing its digital asset platform to the U.S., giving wealth managers infrastructure to handle cryptocurrencies and tokenized securities alongside conventional investments. The expansion extends a service already available in Canada and targets broker-dealers, registered investment advisers, and wealth management firms seeking to add digital assets without building separate operating systems.
Highlights
- Broadridge is expanding its digital platform to the U.S.
- Crypto and tokenized securities share one infrastructure.
- Anchorage Digital and Galaxy are initial providers.
- DLX supports more than $351 billion daily in tokenization.
According to a press release, the platform initially connects with Anchorage Digital and Galaxy Digital, combining custody and digital asset market infrastructure with Broadridge systems. Firms can use the platform for both adviser-led and self-directed investing while keeping digital assets connected to existing books and records, reporting, tax, and client-service processes.
Digital assets move into existing wealth systems
Rather than creating a standalone crypto service, Broadridge is integrating digital assets into infrastructure already used for traditional portfolios. Supported assets include cryptocurrencies as well as tokenized equities, funds, and private or alternative investments.
The system incorporates institutional custody and wallets, including omnibus and segregated structures, and can work with multiple custodians. It also supports regulatory disclosures, governance, and proxy voting for retail and institutional investors.
Anchorage Digital and Galaxy are the initial providers in an ecosystem Broadridge plans to expand with additional custodians, liquidity providers, wallet infrastructure, and compliance partners. That structure is intended to give wealth firms flexibility in selecting providers as their digital asset operations develop.
Tokenization infrastructure takes a larger role
A significant component is Broadridge's DLX platform, which covers the lifecycle of tokenized securities, including issuance, trading, financing, settlement, and servicing.
DLX includes Distributed Ledger Repo, or DLR, an institutional platform used for tokenized real-world assets. Broadridge says DLR tokenizes more than $351 billion a day, supporting repo transactions, intraday financing, collateral movements, and settlement.
The broader platform is designed for the continuous nature of digital asset markets while connecting with established financial processes. That includes communications, asset servicing, governance, and regulatory reporting, areas that can become fragmented when crypto services are operated separately from conventional wealth platforms.
Traditional and digital investing converge
The U.S. expansion reflects a shift in how established financial technology providers are approaching digital assets. Instead of treating crypto and tokenization as separate products, Broadridge is placing them inside the same operational framework used for traditional investments.
The scale of its existing infrastructure makes that transition notable. Broadridge says its platforms underpin average daily trading of more than $18 trillion in traditional and tokenized securities globally, while DLR alone handles more than $351 billion in tokenization each day. Bringing digital assets into existing wealth-management workflows could make it easier for U.S. firms to offer them without maintaining parallel systems for custody, reporting, and governance.
We also reported Broadridge's survey shows tokenization becomes a strategic priority for 84% of financial firms.