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CoinShares Asset Management has become the first continental European regulated asset manager to receive authorisation under the Markets in Crypto-Assets (MiCA) Regulation, positioning the firm as the only asset management company in continental Europe to hold a triple regulatory licence combination.
The French subsidiary of CoinShares International Limited now holds AIFM, MiFID, and MiCA authorisations, enabling comprehensive investment services across all asset classes throughout the European Union. CoinShares operates with over $9 billion in assets under management and is listed on Nasdaq Stockholm.
The MiCA authorisation enables CoinShares to provide institutional-grade portfolio management services across all asset classes and investment vehicle types throughout the EU, with operations currently passported in France, Germany, Cyprus, Ireland, Lithuania, Luxembourg, Malta, and the Netherlands, with the possibility to extend across all EU member states.
Jean-Marie Mognetti, Co-Founder and CEO, CoinShare
Jean-Marie Mognetti, Co-Founder and CEO of CoinShares, said: "Receiving MiCA authorisation from the AMF is a pivotal milestone, not just for CoinShares, but for the entire European digital asset industry. 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 regulatory achievement addresses what CoinShares describes as a critical gap in the European crypto investment landscape, where many platforms present themselves as asset managers without proper licensing, organisational structure, or necessary separation of duties between custody, administration, execution, and portfolio management functions.
The comprehensive regulatory framework positions CoinShares as the only firm in continental Europe capable of providing professional active management services across both traditional and digital assets, offering services through clients' preferred platforms with proper segregation of custody and management duties, and serving as a regulated counterparty for institutional investors requiring compliance with fiduciary standards.
Mognetti added: "This authorisation sends a strong signal: crypto is here to stay and it belongs within a professional, transparent, and investor-centric regulatory environment. CoinShares has always believed that innovation and regulation can go hand in hand. As a publicly listed company, our commitment to governance, accountability, and excellence is now matched by a regulatory foundation that enables us to serve our clients across all asset classes, from traditional to digital."
The triple licence combination includes an AIFM licence for Alternative Investment Fund Management and delegated UCITS management, a MiFID licence for portfolio management and investment advice on traditional financial instruments, and MiCA authorisation for portfolio management and advice on crypto-assets.
Founded in 2013, CoinShares with almost $10 billion under management, is headquartered in Jersey with offices in France, Stockholm, the UK, and the US. The firm is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Securities and Exchange Commission, National Futures Association and Financial Industry Regulatory Authority.
CoinShares is a global Digital Asset Manager delivering financial services across investment management, trading, and securities to corporations, financial institutions, and individuals. The company trades on Nasdaq Stockholm under the ticker CS and on OTCQX under the ticker CNSRF.
