CoinShares Secures First #MiCA License as European
#Crypto Asset Manager
European crypto investment firm CoinShares has obtained a MiCA license through its French subsidiary.
The company became the first continental European regulated asset manager qualified under the new framework.
France's Autorité des Marchés Financiers issued the license on Thursday.
This allows CoinShares to offer portfolio management and advisory services on crypto assets across the EU.
CoinShares now holds three European regulatory licensesâMiCA, MiFID, and AIFM.
It's the only continental European asset manager with this triple authorization.
The companyâs services are currently passported across eight EU jurisdictions, including France, Germany, and the Netherlands.
CEO Jean-Marie Mognetti called the milestone significant for the entire European crypto industry.
The firm has been expanding its U.S. presence since 2023, launching multiple #ETFs including spot
$BTC and futures products.