Broadridge, the NYSE-listed financial infrastructure giant, has expanded its digital asset platform to U.S. wealth management firms — letting broker-dealers and advisers hold cryptocurrencies and tokenized securities inside the same systems they already use for stocks and bonds.
By Imani Davis | September 15, 2026
The Hook: Wall Street Plumbing Meets Crypto Custody
According to Broadridge’s Sept. 14 announcement, U.S. broker-dealers, registered investment advisers and wealth managers can now use the platform across trading, custody, servicing, governance and client reporting. Anchorage Digital and Galaxy Digital are the first named infrastructure providers supporting the U.S. rollout. For ordinary investors, this is the kind of news that matters quietly: when your adviser can buy crypto through the same back office that handles your retirement account, digital assets stop being a separate app on your phone and start being a line on your regular statement.
How the Platform Works
Broadridge says its DLR platform already processes more than 351 billion USD in tokenized real assets daily — the behind-the-scenes machinery that moves dividends, proxy votes and corporate actions for traditional finance. The new offering is designed so firms can support cryptocurrencies and tokenized real-world assets without building a separate books-and-records environment, which in plain English means one set of accounts for everything a client owns.
- What’s supported — cryptocurrencies plus tokenized equities, investment funds and private or alternative assets.
- Who guards the keys — Anchorage Digital provides institutional custody and settlement, supporting both omnibus (pooled) and segregated (individual) wallet structures.
- Who provides liquidity — Galaxy Digital brings market infrastructure and trading capabilities.
- What stays intact — tax reporting, confirmations, statements and regulatory reporting continue through existing workflows.
Digital assets can sit alongside conventional investments in advisor-led or self-directed accounts, and the architecture is designed to connect with more than one custodian rather than locking firms into a single provider.
Why the Custodian Matters
The choice of Anchorage is not accidental. Anchorage Digital Bank is a federally supervised national trust bank in South Dakota — the Office of the Comptroller of the Currency approved its conversion back in 2021, and the OCC’s February 2026 records still list it as an active national trust bank. Notably, that same month the regulator terminated an operating agreement that had previously imposed extra supervisory conditions on the institution. For wealth firms worried about regulator scrutiny, a nationally chartered custodian is the safest-looking door in the room.
The Galaxy relationship also has history. In April, Broadridge launched on-chain governance support for tokenized equities — enabling proxy voting, corporate actions and regulatory disclosures to work across traditional shares and their tokenized versions — and named Galaxy as an early user. Galaxy has kept building elsewhere too: in May it launched the SWEEP tokenized cash fund with State Street, with Anchorage providing custody.
From Canada to the U.S.
The U.S. expansion follows Broadridge’s April launch of the same digital asset infrastructure in Canada, which offered crypto, tokenized assets, wallets, multi-custodian support and connectivity to exchanges and asset managers. Days before the U.S. announcement, on Sept. 9, Broadridge also launched DLX, a connected operating layer between traditional financial systems and on-chain markets covering issuance, trading, settlement, servicing, custody and distribution.
Tom Carey, Broadridge’s global head of product and technology, said “digital assets are moving from the margins” in U.S. wealth management — a statement describing the company’s view of customer demand rather than an independently measured adoption figure. Still, when a firm that runs core infrastructure for much of the industry makes that call, it reflects where its clients are asking to go.
What This Means for You
If you invest through an adviser, the practical effect is simple: over time, asking to add Bitcoin or a tokenized fund to your portfolio should look like adding any other position — same statement, same tax documents, same oversight. That convenience is historically how an asset class goes mainstream. It also concentrates responsibility: platforms like this depend on a small set of custodians and market makers, so the security of those links becomes part of your investment’s risk.
The Verdict
This is not a price-mover today — Bitcoin trades around 77,000 USD and the announcement is infrastructure news, not a demand shock. But it is a signal of direction. The companies that move trillions in traditional assets are wiring crypto into their default settings, and every wealth firm that flips the switch brings digital assets to portfolios that never touched an exchange. Watch which additional custodians join the network and whether tokenized funds — not just Bitcoin — start appearing on client statements.
The cryptocurrency market remains highly volatile. This article is for informational purposes only and does not constitute financial advice.
Broadridge doing this is a bigger deal than another ETF filing. they run the plumbing half of Wall Street already, if advisers can hold BTC and tokenized securities in the same book as equities that kills the separate-custody excuse
@Ravi exactly. the moment my 60 year old adviser can allocate 2% to bitcoin without opening a Gemini account, the flows are structural. this is the quiet adoption news people ignore
Anchorage getting the first named slot makes sense, they are basically the qualified custody shop at this point. Galaxy on the trading side is interesting though, wondering what the fee stack looks like
351 billion a day through DLR already and nobody outside ops teams ever heard of it. this is how adoption actually looks, no bell ringing
351 billion a day and most traders could not name broadridge if you paid them. quiet infrastructure wins again. crypto sitting on DLR rails is the actual headline here imo
Exactly. And Anchorage supporting omnibus AND segregated wallet structures is the detail everyone will skip, that decision matters for advisers way more than the headline
my adviser asked me last month whether i wanted bitcoin exposure inside the regular account or a separate one. this broadridge rollout is why that question even exists now. same statement as my ETFs, no extra paperwork
Galaxy as the liquidity leg, Novogratz must be pinching himself. decent get for Anchorage too, wealth managers are a sticky client base
Galaxy landing the liquidity leg is very on brand for Novogratz, he has been pitching exactly this setup on CNBC for years. now it is actually in production