Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. HQLAX secures minority investments from Broadridge and Digital Asset
Industry news

HQLAX secures minority investments from Broadridge and Digital Asset


21 April 2026 US and Luxembourg
Reporter: Zarah Choudhary

Generic business image for news article
Image: Sablengjago/stock.adobe.com
HQLAX, a provider of digital collateral mobility solutions, has secured minority investments from Broadridge Solutions, and Digital Asset in its Series?C?1 funding round.

The firm says that the investments 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.

Guido Stroemer, CEO of HQLAX, says: “This strategic investment marks a key milestone for HQLAX as we continue to build critical market infrastructure for collateral mobility.

“The backing from Broadridge and Digital Asset reflects growing industry momentum behind interoperable, privacy?preserving blockchain solutions, with the Canton Network enabling connectivity across regulated capital markets.”

Horacio Barakat, global head of Digital Innovation at Broadridge, adds: “We are pleased to support HQLAX in its next phase of growth as demand increases for scalable, interoperable digital infrastructure across global financial markets.

“HQLAX has built a compelling solution that addresses critical inefficiencies in collateral mobility, and we see significant opportunity in combining its innovation with Broadridge’s deep expertise in market infrastructure and market-leading distributed ledger-enabled solutions.

“This investment reflects our commitment to accelerating the adoption of digital assets and collateral mobility to improve efficiency, resiliency, and capital optimisation across the securities finance ecosystem.”

Kelly Mathieson, chief business development officer at Digital Asset, comments: “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.

“We’re excited to deepen our relationship with HQLAX as it enters its next chapter and to support its work alongside the Canton ecosystem to enable more connected, efficient, and scalable collateral and financing workflows across global markets.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Collateral
→ Repo

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →