Broadridge Financial Solutions has introduced a new digital asset platform tailored for Canadian wealth managers, which enables the incorporation of cryptocurrencies and tokenized assets into investment offerings. This platform, unveiled on Monday, integrates trading, custody, and asset servicing, allowing firms to manage both digital and traditional assets seamlessly.
Designed to cater to various models, the platform accommodates advisor-led and self-directed investment approaches. It provides access to a range of digital assets, including equities, funds, and alternative investments, along with integrated wallets and institutional custody options. Partnerships with Galaxy Digital enhance wallet infrastructure, while a multi-custody model features collaboration with Anchorage Digital.
Broadridge aims to fill the gap for wealth managers who have encountered difficulties integrating digital assets without separate systems. The platform also includes tools for governance and disclosure to aid in regulatory compliance. The company supports the tokenization of over $8 trillion in assets each month, reflecting its significant role in the evolving financial landscape.