Share this article

Crypto Asset Manager CoinShares Secures EU-Wide MiCA License

The license, granted by France's AMF, allows it to offer crypto portfolio management services across the European Union.

Jul 23, 2025, 8:59 a.m.
European Union flag (Christian Lue/Unsplash)
CoinShares' MiCA license allows it to operate across the European Union (Christian Lue/Unsplash)

What to know:

  • CoinShares said it is the first European crypto asset manager to receive a MiCA license.
  • The license, granted by France's Autorité des Marchés Financiers (AMF), allows it to offer crypto portfolio management services across the EU under a single regulatory framework.
  • It adds to CoinShares' existing permissions under the EU's MiFID and AIFM directives, making it the only major European asset manager to hold all three credentials.

CoinShares (CS) said it received a license under the European Union’s Markets in Crypto Assets (MiCA) regulation, the first crypto asset manager based in continental Europe to qualify.

The approval allows the Saint Helier, Jersey-based firm to offer crypto portfolio management services across the 27-nation bloc under a single, harmonized regulatory framework. Operations are already passported to countries including Germany, the Netherlands and Luxembourg, and it may expand further, the company said.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters

The license, granted by France’s Autorité des Marchés Financiers (AMF), joins CoinShares’ existing permissions under the EU’s MiFID and AIFM directives. That, the company says, makes it the only major European asset manager to hold all three credentials.

It's a step the firm says could help open the 33 trillion euro ($38.7 trillion) European asset management industry to more fully regulated cryptocurrency investment products.

“Receiving MiCA authorisation from the AMF is a pivotal milestone, not just for CoinShares, but for the entire European digital asset industry,” CEO Jean-Marie Mognetti said in the statement. “With MiCA, we now have a clear, harmonized 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."

Various other cryptocurrency firms, it’s worth adding, have secured MiCA licenses, including exchanges Coinbase, Bybit, OKX, and Crypto.com.

Founded in 2013 and publicly traded on Nasdaq Stockholm, CoinShares says it manages over $9 billion in assets.

The company’s shares rose 1.7% to 120 krona ($12.66). They’re up more than 46% year-to-date.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

CFTC's acting chief Pham poised to go to crypto firm MoonPay once Mike Selig lands

Caroline Pham, acting chairman of the Commodity Futures Trading Commission

The leader of the derivatives regulator is planning to join the crypto industry as the CFTC and other federal regulators work on policies to benefit the sector.

What to know:

  • Commodity Futures Trading Commission Acting Chairman Caroline Pham confirmed again that she's heading to crypto firm MoonPay when the Senate confirms her replacement and he's sworn in.
  • President Donald Trump's CFTC chair nominee Mike Selig was set for a Senate vote Wednesday evening, according to that chamber's schedule.
  • Selig, currently an SEC official, would arrive at the CFTC just as several of Pham's crypto initiatives have gone live.