HQLAx Announces Strategic Investments from Broadridge and Digital Asset to Support its Next Phase of Growth on Canton
The investment will support HQLAX's next phase of growth, including the continued evolution of its technology platform, collaboration with Broadridge's Distributed Ledger Repo (DLR) platform, and a planned migration to the Canton Network. Together, these initiatives will leverage complementary capabilities to support regulated market use cases across the global securities finance and repo industry.
"This strategic investment marks a key milestone for HQLAX as we continue to build critical market infrastructure for collateral mobility," said
"We are pleased to support HQLAX in its next phase of growth as demand increases for scalable, interoperable digital infrastructure across global financial markets," said
"Collateral mobility is a core requirement for modern market infrastructure, and HQLAX has demonstrated how to deliver it in a way that meets the needs of regulated institutions," said
As part of the transaction, representatives from Broadridge and
The planned Board appointments and the migration to the Canton Network are subject to regulatory approval from the Commission de Surveillance du Secteur Financier (CSSF).
The strategic investment builds on HQLAX's broader ecosystem of partnerships across banks, market infrastructure providers, and technology firms, as the company continues to expand adoption of digital collateral mobility solutions across the broader securities finance ecosystem.
About HQLAX
HQLAX is an innovative financial technology firm that leverages Distributed Ledger Technology (DLT) to deliver efficiencies to the global securities finance and repo industry. Its platform enables banks and asset managers to achieve frictionless, precise, and real–time collateral mobility. Learn more at: www.hqla-x.com
HQLAX Contacts:
Media:
nick.short@hqla-x.com
About Broadridge
Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over
For more information about us, please visit www.broadridge.com
About Broadridge's Tokenization Solutions
Broadridge enables on-chain proxy voting and governance, digital asset post-trade infrastructure, and the scaling of digital asset capabilities across multiple asset classes. Through these innovations, Broadridge is helping financial institutions unlock the next era of digital assets investing.
Broadridge's Distributed Ledger Repo (DLR) solution is the world's largest institutional platform for settling tokenized real assets, tokenizing approximately
For more information, please visit www.broadridge.com/hub/tokenization.
Broadridge Contacts:
Investors: broadridgeir@broadridge.com
Media: Gregg.Rosenberg@broadridge.com
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