CoinShares Becomes First Continental European Crypto Asset Manager to Secure MiCA License

CoinShares (CS) has achieved a regulatory milestone by obtaining a license under the European Union's Markets in crypto Assets (MiCA) framework. The Jersey-based firm is now the first crypto asset manager in continental Europe to operate under this harmonized regime, enabling cross-border portfolio management services across all 27 EU member states.

The French Autorité des Marchés Financiers (AMF) granted the approval, which complements CoinShares' existing MiFID and AIFM authorizations. This trifecta of regulatory credentials positions the firm uniquely in Europe's €33 trillion asset management industry—potentially accelerating institutional adoption of regulated crypto products.

"MiCA provides the clarity European markets have demanded," said CEO Jean-Marie Mognetti. The license has already been passported to key jurisdictions including Germany and the Netherlands, with further expansion planned. While exchanges have previously secured MiCA approvals, CoinShares' authorization marks a significant leap for asset management infrastructure.