CoinShares, a leading digital asset investment firm based in Europe, has officially secured a Markets in Crypto-Assets (MiCA) license from France’s financial watchdog, the Autorité des marchés financiers (AMF). This development marks CoinShares as the first crypto asset manager in continental Europe to obtain such approval under the EU’s unified MiCA regulatory framework.
The license was granted to CoinShares’ French subsidiary, CoinShares Asset Management. This approval allows the firm to provide crypto asset management and advisory services throughout the European Economic Area (EEA), using a single regulatory authorization. The MiCA framework offers clarity to crypto firms, addressing long-standing issues related to fragmented national regulations across EU states.
CoinShares Strengthens Position in EU and US Markets
With this latest authorization, CoinShares now holds three core regulatory licenses in the EU: MiCA, MiFID, and AIFM. The MiFID license supports services in traditional financial instruments, while the AIFM license enables operations under the EU’s alternative investment fund rules. This unique combination positions CoinShares as the only continental European asset manager with this regulatory trio.
COINSHARES WINS FIRST MICA LICENSE IN EUROPE FOR FULL CRYPTO PORTFOLIO MANAGEMENT
CoinShares Asset Management has become the first firm in continental Europe to secure MiCA authorization, enabling comprehensive crypto services.
The firm now holds MiCA, MiFID, and AIFM licenses,… pic.twitter.com/xmHJQ5oLDA
— Crypto Town Hall (@Crypto_TownHall) July 23, 2025
The company currently holds operational “passporting” rights in countries including Germany, Ireland, the Netherlands, and Luxembourg. These passporting rights drastically reduce the need for additional local approvals and support CoinShares’ strategic goal of offering streamlined, cross-border crypto services.
Beyond Europe, CoinShares has expanded its footprint in the United States since acquiring Valkyrie Funds in 2023. This move is aimed at competing more directly with established crypto firms operating in the American market, showing its ambition for a broader global presence.
MiCA Framework Signals Growing Institutional Trust in Crypto
MiCA introduces consistent rules across all 27 EU member states, ensuring transparency, enhanced investor protection, and anti-money laundering compliance. The framework also enforces strong standards for operational resilience and disclosure, helping to build confidence among institutional and retail investors.
Jean-Marie Mognetti, co-founder and CEO of CoinShares, highlighted the license as a defining moment for the European digital asset industry. He emphasized that MiCA removes the patchwork of interim rules that previously governed crypto activity in the EU. According to him, the new structure brings a unified foundation for regulated firms to operate with confidence and integrity.
In achieving this license, CoinShares will have established a precedence to other crypto companies in the continent. The success of the company is an indicator that regulation can be achieved and that digital assets are progressively being adopted as a part of the larger financial world.
Also Read: U.S. Congress Introduces Crypto Market Structure Framework
