IMF says tokenized repos average $300 billion to $350 billion a day

Tokenized repurchase agreements now average between $300 billion and $350 billion in daily volume, according to the International Monetary Fund. That figure comes from the IMF’s Global Financial Stability Report, released on October 8, 2026. The fund is not breaking out the champagne, though. Alongside the big number, it says the tokenized market remains small, fragmented, and in need of clearer laws before it can grow safely. What the IMF actually found A repo is a short-term loan dressed up as a sale. One party sells securities and agrees to buy them back later at a slightly higher price, which makes the deal effectively a collateralized loan. Tokenizing that process means recording the collateral and the agreement on a digital ledger instead of shuffling paperwork between back offices. The IMF’s daily average for these on-chain deals sits in the $300 billion to $350 billion range. Some metrics run even hotter. One 30-day moving average for tokenized repo volumes is close to approximately $371 billion. Specific platforms back up the scale. The Canton Network reported processing approximately $350 billion in daily repo volumes. Broadridge’s Distributed Ledger Repo platform reporte...