CoinShares Secures First MiCA License for Crypto Asset Management in EU

CoinShares has become the first continental European crypto asset manager to secure a Markets in Crypto-Assets (MiCA) license, granted by France's Autorité des Marchés Financiers. The approval enables the Jersey-based firm to offer regulated crypto portfolio management services across all 27 EU member states under a unified framework.

The license complements CoinShares' existing MiFID and AIFM authorizations, making it the only major European asset manager with all three regulatory credentials. "This is a pivotal milestone for the entire European digital asset industry," said CEO Jean-Marie Mognetti, highlighting MiCA's role in creating harmonized standards for the region's €33 trillion asset management sector.

While several crypto exchanges have obtained MiCA approvals, CoinShares' authorization represents a significant expansion of regulated investment products in Europe. The firm has already extended services to Germany, Netherlands, and Luxembourg, with plans for further expansion under the new passporting regime.