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

CoinShares is now the first crypto asset management company in continental Europe to receive a full Markets in Crypto Assets (MiCA) license. CoinShares is based in Jersey and is a leading crypto asset management firm. The announcement came this week when the license was granted by France’s financial regulator, the Autorité des Marchés Financiers (AMF).

CoinShares Receives MiCA License

The approval enables CoinShares to offer crypto portfolio management services across all 27 European Union member states under a unified regulatory framework. This includes countries such as Germany, the Netherlands, and Luxembourg, with plans to expand into additional markets. CoinShares described the move as a strategic milestone that positions the firm at the forefront of the regulated digital asset space in Europe.

CEO Jean-Marie Mognetti said, “With MiCA, we now have a clear, harmonized structure across the EU, and CoinShares is proud to be the first in continental Europe to meet that standard as a fully regulated asset manager. Receiving MiCA authorisation from the AMF is a pivotal milestone, not just for CoinShares, but for the entire European digital asset industry.”

The license complements CoinShares’ existing regulatory permissions under the EU’s Markets in Financial Instruments Directive (MiFID) and Alternative Investment Fund Managers Directive (AIFMD). According to the firm, it is now the only major European asset manager to hold all three licenses, a combination that could prove instrumental in unlocking access to Europe’s €33 trillion ($38.7 trillion) asset management market for crypto-based investment products.

CoinShares is one of many crypto companies that have been given MiCA approval. Other big exchanges that have received it are Coinbase, Bybit, OKX, and Crypto.com. CoinShares is the first crypto asset management company in continental Europe to achieve this, though.

CoinShares, which was founded in 2013, manages more than $9 billion in digital assets and is listed on Nasdaq Stockholm. After the news, the company's stock price went up 1.7% to 120 Swedish krona ($12.66), which is a 46% gain for the year.

As the European Union moves closer to full MiCA implementation in 2025, CoinShares’ early compliance positions it as a leader in shaping the future of regulated crypto finance across the block.