CoinShares, a prominent European cryptocurrency investment firm, has obtained a license under the Markets in Crypto-Assets (MiCA) regulatory framework via its French subsidiary, CoinShares Asset Management. This makes CoinShares the first regulated asset management company in continental Europe qualified under MiCA. Following this acquisition, CoinShares now holds three regulatory licenses in Europe: MiCA, the Markets in Financial Instruments Directive (MiFID) license, and the Alternative Investment Fund Managers Directive (AIFM) license. With the MICA license, CoinShares can manage portfolios and offer advice on crypto assets across various EU jurisdictions, including France, Germany, and others. CoinShares co-founder and CEO, Jean-Marie Mognetti, praised the MiCA license as a significant milestone for the entire crypto industry in Europe, highlighting the need for standardized regulations. In addition, CoinShares has been competing in the US market since 2023 and has launched several crypto funds, including ETFs for Bitcoin and Ethereum. The growth in both European and US markets indicates CoinShares' ongoing commitment to being a key player in the crypto investment landscape.

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