CoinShares Secures First EU MiCA License, Expands Crypto Services
The CoinShares MiCA license granted by the French AMF makes CoinShares the first asset manager in continental Europe under MiCA. This CoinShares MiCA license complements its existing MiFID and AIFM authorisations, enabling the firm to offer full crypto and traditional asset management services across the EU. CoinShares now serves clients in eight member states, including France, Germany and the Netherlands, with plans to extend to all. In parallel, it expanded in the US through the acquisition of Valkyrie Funds and launched Bitcoin and Ethereum futures ETFs. CEO Jean-Marie Mognetti says clear crypto regulation is vital for investor protection and institutional trust. This regulatory boost is poised to spur institutional adoption of digital assets and strengthen confidence in the European crypto market.
Bullish
Securing the CoinShares MiCA license under clear EU regulation reduces compliance risk and paves the way for greater institutional inflows. The combined MiCA, MiFID and AIFM authorisations, plus US ETF expansion via Valkyrie, signal robust growth potential for crypto asset management services. In the short term, the news may boost market sentiment and trading volumes for BTC and ETH. Over the long term, broader institutional adoption driven by regulatory clarity supports sustained price appreciation and market stability.