[Private blockchain processes more than $1.5 trillion in securities financing every month] Golden Finance reported that financial technology consulting firm Broadridge said that the company processes $50 billion in repurchase agreements involving large banks every day on its permission-only DLR platform. HQLAx, a securities finance private blockchain company focused on Europe, said its platform can save banks up to 100 million euros ($107 million) a year. More than $1.5 trillion in repurchase agreements and other forms of securities financing are executed using private blockchains every month. JPMorgan Chase reportedly processes up to $2 billion in transactions every day on its Onyx blockchain, which allows its customers to "settle billions of dollars worth of repurchase transactions in minutes, using smart contracts to mark and deliver cash and collateral on a single ledger."