CoinShares Asset Management, the French subsidiary of European investment company Coinshares, has become the first European regulated asset management company to receive the Markets in Crypto-Assets Regulation (MiCA) authorisation.
Through the authorisation, the firm will be able to offer operations throughout the EU covering institutional-grade portfolio management services across all asset classes and investment vehicle types.
Currently, operations cover France, Germany, Cyprus, Ireland, Lithuania, Luxembourg, Malta, and the Netherlands, with hopes to extend to all EU member states in the future.
The move also makes CoinShares continental Europe’s only asset management firm to hold a triple regulatory license combination, encompassing an alternative investment fund manager (AIFM) license, Mifid and now MiCA authorisation.
“Receiving MiCA authorisation from the AMF is a pivotal milestone, not just for CoinShares, but for the entire European digital asset industry,” said Jean-Marie Mognetti, co-founder and chief executive of CoinShares.
“For too long, asset managers operating in crypto have been confined to partial or improvised regulatory frameworks. With MiCA, we now have a clear, harmonised 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.”
The firm has also said that the authorisation will pave the way in addressing challenges of improper licensing, organisational structure of separation of duties related to asset managers in the current European crypto investment landscape.
The move follows significant developments in the crypto markets in Europe in the past few months. Most recently, Standard Chartered announced that it had launched a fully integrated digital assets trading service, in a bid to provide institutional clients with deliverable spot crypto asset trading, covering spot trading for Bitcoin (XBT/USD) and Ether (XET/USD) through its UK branch.
Similarly, in April 2025, One Trading became EU’s first Mifid II-regulated venue for crypto perpetual futures, increasing the European crypto-assert exchange’s accessibility to both institutional and eligible retail clients.