Broadridge Launches Unified Digital Asset Platform for U.S. Wealth Management Firms

Quick Summary

The Broadridge digital assets platform expansion allows U.S. wealth managers to integrate cryptocurrencies and tokenized securities into traditional portfolios. By partnering with Anchorage Digital and Galaxy, Broadridge provides a unified operating model that simplifies the operational complexity of managing digital and traditional investments in one environment.

How does Broadridge digital assets integration help U.S. wealth managers?

Broadridge digital assets integration enables broker-dealers and RIAs to offer institutional-grade digital investments without disrupting existing workflows. By bringing traditional and digital assets into a single environment, firms can maintain the trusted wealth experience clients expect while expanding investor choice. The platform supports advisor-led and self-directed models, ensuring flexibility across different business structures. Key benefits include:

• Seamless integration with existing books and records systems.
• Automated regulatory reporting and tax documentation for digital holdings.
• Unified client disclosures covering both retail and institutional proxy voting.

"Digital assets are moving from the margins to the mainstream investment conversations for U.S. investors, advisors and wealth managers," said Tom Carey, Broadridge's Global Head of Product and Technology. "Our platform helps firms extend the trusted wealth experience they already provide to include digital assets, while managing the operational complexity behind the scenes. By bringing traditional and digital investments together in a single environment, we are helping clients expand investor choice while maintaining the controls, service model and experience their businesses require."

What role do Anchorage Digital and Galaxy play in this ecosystem?

Anchorage Digital and Galaxy provide the critical market infrastructure needed for secure custody and liquidity. As the first federally chartered bank for digital assets, Anchorage brings a level of regulatory rigor that is essential for U.S. wealth managers. This partnership ensures that crypto for advisors is no longer a niche offering but a core portfolio component backed by institutional-grade settlement. Galaxy contributes its global market infrastructure, allowing Broadridge to scale its next-generation capabilities across the U.S. market effectively.

"Crypto is no longer a side conversation in wealth management, it's the conversation," said Nathan McCauley, CEO and Co-Founder of Anchorage Digital. "As American's first federally chartered digital asset bank, we're proud to bring institutional-grade custody and settlement to Broadridge's platform, so U.S. wealth managers can offer their clients digital assets with the same trust and rigor as everything else in their portfolios."

How does the DLX platform support tokenized real-world assets?

Tokenized real-world assets are managed through Broadridge's DLX platform, which currently handles over $351 billion daily in tokenized transactions. This infrastructure supports the entire asset lifecycle, from issuance and trading to on-chain proxy voting. By leveraging distributed ledger technology, Broadridge allows firms to move collateral and repo transactions with unprecedented speed. The system is designed for always-on market operations, ensuring that tokenized securities receive the same protections and rights as traditional shares.

"As a global leader in digital assets, Galaxy is pleased to combine its digital asset market infrastructure and capabilities with Broadridge's established wealth management platform as the company expands its next generation digital asset capabilities to US wealth management firms," said Mike Novogratz, founder and CEO of Galaxy.

FF NEWS TAKE:

The expansion of the Broadridge digital assets platform into the U.S. is a watershed moment for mainstream adoption. By abstracting the operational complexity of blockchain technology, Broadridge is removing the final barrier for traditional wealth managers. This move effectively bridges the gap between Wall Street and Web3, proving that tokenized securities are ready for prime-time institutional use. It significantly moves the needle for the industry.