DLT in the Real World 2025

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DLT in 2025: Report

Since 2020, the annual DLT in the Real World survey in collaboration with the ValueExchange and industry peers has tracked the evolution of DLT and digital assets. Now in 2025, where is digital asset liquidity forming—and why?

This report summarizes the statistical insights gained from the 2025 survey, sourcing detailed views from 427 respondents globally.

Key trends driving real world adoption

85%
of respondents see intraday liquidity as the key outcome of DLT and digital assets
800%
Live industry participation with DLT has increased by 800% since 2020
45%
of banks have issued a digital asset in the last 12 months
DLT is no longer an 'if'.
Hear how you can unlock value now.
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Horacio Barakat

Horacio Barakat
Co-Head Fixed Income Clearing & Settlement Platforms, Head of Digital Innovation,
Broadridge

Global adoption snapshot

North America
North America leads in adoption, with 50% of firms running live DLT or digital asset projects - a 72% increase from the previous year.
Europe
Even with the surge in US activity, European booking centers remain the hub. While new initiatives may be on-shored, 50% of projects are still domiciled in Europe.
Asia-Pacific
Following sharp growth in 2023, the region continues to demonstrate confidence and development. Asia-Pacific shows sustained momentum, with 43% of firms running live DLT projects.
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Significant impact of DLT

When asked about the practical impact of tokenization and digital cash, 51% of respondents cited intraday liquidity as the key business outcome.

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Unlock efficient liquidity management

85% of industry leaders recognize intraday liquidity as a business advantage of DLT and digital assets.

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About DLR

Broadridge’s DLR platform is the world’s largest institutional platform for settling tokenized real assets, setting a new standard for efficiency and innovation in the global repo market. As the industry’s leading distributed ledger solution, DLR harnesses the transformative power of tokenization and smart contracts to accelerate collateral velocity, improve liquidity management, and reduce trade processing costs. DLR is interoperable within both traditional and blockchain-based market infrastructure.

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