CoinShares, a leading European crypto investment firm, has become the first asset manager in continental Europe to receive a license under the EU’s new Markets in Crypto-Assets (MiCA) regulation. The license was granted through its French subsidiary, CoinShares Asset Management, by the French financial regulator AMF.

This regulatory win gives CoinShares full authorization to offer crypto portfolio management and advisory services across the European Union. It adds to the firm’s existing MiFID and AIFM licenses, positioning CoinShares as the only EU-based asset manager with all three major regulatory credentials. This triple license setup enables the company to operate across all traditional and digital asset classes within the EU.

CoinShares’ CEO Jean-Marie Mognetti called the MiCA license a breakthrough for the entire European crypto industry. He said it replaces the patchwork of unclear rules with a unified regulatory framework, allowing asset managers to scale operations legally and confidently across multiple jurisdictions. CoinShares already has operations passported into France, Germany, Ireland, Lithuania, the Netherlands, and several other EU nations, with plans to expand further.

Outside Europe, CoinShares has been gaining ground in the U.S. following its 2023 acquisition of Valkyrie Funds. It has launched several crypto ETFs including BTF, WGMI, BRRR, and BTFX — covering Bitcoin, Ether, and Bitcoin mining. The firm is also pursuing a spot XRP ETF to further grow its U.S. footprint.

By securing the MiCA license ahead of competitors and deepening its U.S. presence, CoinShares is positioning itself as a global powerhouse in regulated digital asset investment products. This move strengthens investor confidence and sets a new compliance benchmark for the industry.