CoinShares has achieved a milestone. The European crypto investment giant has obtained its MiCA license in France, making it the first regulated asset management company on the continent to comply with this new European framework.
It’s a strategic and symbolic move: it is in Paris, through its subsidiary CoinShares Asset Management, that the group secures this approval from the French Financial Markets Authority (AMF).
With this achievement, CoinShares now holds three major licenses in Europe:
- MiCA for digital assets,
- MiFID for traditional financial instruments,
- AIFM for alternative fund management.
An unprecedented combination on the Old Continent. CoinShares is now the only European asset manager able to offer such broad regulatory coverage, at the intersection of traditional finance and crypto.
This status allows it to offer services in multiple European jurisdictions, including France, Germany, the Netherlands, Ireland, Malta, and Lithuania. And thanks to the “passporting” provided by MiCA, the entire European market is now within reach.
MiCA: the promise of a unified framework
For too long, crypto asset managers have been navigating through unclear regulations and national disparities. With MiCA, everything changes: a clear framework, common throughout the EU, which is expected to finally boost the institutional market.
Jean-Marie Mognetti, co-founder and CEO of CoinShares, is enthusiastic:
MiCA puts an end to improvisation. It’s a turning point for the entire industry.
The MiCA license allows CoinShares to manage and advise on crypto-asset portfolios, in compliance with Brussels. A first.
An assumed transatlantic ambition
While Europe is getting organized, CoinShares is not losing sight of the United States. Since acquiring Valkyrie Funds in 2024, the group has been speeding up on crypto ETFs.
On the agenda:
- a Bitcoin futures ETF,
- a Bitcoin mining ETF (WGMI),
- a spot Bitcoin ETF (BRRR),
- and even a leveraged ETF on BTC futures (BTFX).
Other products are in the pipeline, including a spot XRP ETF, which could make waves if the SEC gives its approval.
