XRP Enters Cetera's Books Amid Rising Institutional Adoption
Cetera Investment Advisers has disclosed its exposure to XRP across its $256 billion platform, marking another step in the integration of digital assets into traditional wealth management.
The disclosure was made after crypto investor Pumpius flagged the development on X, citing recent filings with the U.S. Securities and Exchange Commission.
Cetera operates as an independent wealth management network, where individual advisors make investment decisions based on client-specific factors such as risk tolerance and investment objectives.
The firm's compliance infrastructure allows it to offer regulated access to digital assets without requiring clients to manage private keys or interact directly with cryptocurrency exchanges.