CoinShares Asset Management Becomes First Continental European Regulated Asset Manager to Receive MiCA Authorisation

Rhea-AI Summary

CoinShares (OTCQX: CNSRF), a leading European digital asset manager with over $9 billion in AUM, has achieved a significant milestone as its French subsidiary becomes the first continental European regulated asset manager to receive Markets in Crypto-Assets (MiCA) authorization.

This achievement makes CoinShares the only asset management firm in continental Europe to hold a triple regulatory license combination: AIFM for alternative investment fund management, MiFID for traditional financial instruments, and MiCA for crypto-assets. The company's operations are currently passported across eight EU countries with potential for EU-wide expansion.

This comprehensive regulatory framework enables CoinShares to provide institutional-grade portfolio management services across all asset classes throughout the EU, addressing a critical gap in the European crypto investment landscape.

Positive

• First continental European asset manager to receive MiCA authorization
• Triple regulatory license combination (AIFM, MiFID, MiCA) provides comprehensive investment service capabilities
• Operations already passported in 8 EU countries with potential for expansion
• Strong market position as the only firm in continental Europe offering professional management across traditional and digital assets
• Significant AUM of over $9 billion demonstrates established market presence

Negative

• None.

Insights

Cryptocurrency Regulatory Expert

CoinShares' MiCA authorization establishes them as Europe's only triple-licensed crypto asset manager, legitimizing digital assets within regulated finance.

CoinShares has achieved a significant regulatory milestone by becoming the first continental European asset manager to receive Markets in Crypto-Assets (MiCA) authorization through its French subsidiary. This completes a rare triple-license combination alongside existing AIFM and MiFID authorizations, positioning CoinShares uniquely in the €33 trillion European asset management landscape.

This regulatory trifecta addresses a critical gap in European crypto investment infrastructure. While many platforms have operated as crypto asset managers without proper licensing, CoinShares now stands as the only continental European firm with comprehensive regulatory approval to manage both traditional and digital assets with proper separation of custody, administration, execution, and portfolio management functions.

The authorization enables institutional-grade portfolio management across all asset classes throughout the EU, with operations already passported in eight member states and potential for EU-wide expansion. For institutional investors with strict fiduciary requirements, CoinShares now represents one of the few fully compliant counterparties in the digital asset space.

This development signals growing regulatory maturity in the European crypto ecosystem. The MiCA framework provides harmonized standards across the EU, potentially accelerating institutional adoption by addressing compliance concerns that have historically limited professional investors' participation in digital assets. By establishing clear regulatory boundaries, MiCA creates a foundation for more sophisticated investment products that bridge traditional and digital finance.

For CoinShares, which manages over $9 billion in assets, this authorization strengthens their competitive position against both traditional asset managers exploring crypto and crypto-native firms seeking regulatory legitimacy. The company's public listing and established presence since 2013 further reinforces their institutional credentials in an industry still working to establish mainstream credibility.

First major European asset manager to combine MiCA, MiFID, and AIFM authorisations - creating new investment possibilities across €33 trillion European asset management market

SAINT HELIER, Jersey, July 23, 2025 /PRNewswire/ -- CoinShares International Limited ("CoinShares" or "the Group") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), the European leading investment company specialising in digital assets with over $9 billion in assets under management, today announced its French subsidiary, CoinShares Asset Management, has received authorisation under the Markets in Crypto-Assets (MiCA) Regulation, making it the first continental European regulated asset management company to achieve this milestone.

This authorisation positions CoinShares as the only asset management firm in continental Europe to hold a rare triple regulatory license combination, enabling comprehensive investment services across all asset classes throughout the European Union:

• AIFM License – Alternative Investment Fund Management and delegated UCITS management
• MiFID License – Portfolio management and investment advice on traditional financial instruments
• MiCA Authorisation – Portfolio management and advice on crypto-assets

Setting New Standards for Professional Crypto Asset Management

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 possibility to extend across all EU member states.

This regulatory achievement directly addresses a critical gap in the European crypto investment landscape, where many platforms present themselves as asset managers without the proper licensing, organisational structure, or necessary separation of duties between custody, administration, execution, and portfolio management functions.

Jean-Marie Mognetti, Co-Founder and CEO of CoinShares commented: "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.

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."

Unique Market Position

The comprehensive regulatory framework positions the Group as the only firm in continental Europe capable of:

• Providing genuine professional active management services across both traditional and digital assets
• Offering services through clients' preferred platforms with proper segregation of custody and management duties
• Delivering institutional-grade portfolio management with EU regulatory oversight
• Serving as a regulated counterparty for institutional investors requiring compliance with fiduciary standards

About CoinShares
CoinShares is a leading global digital asset manager that delivers a broad range of financial services across investment management, trading, and securities to a wide array of clients that include corporations, financial institutions, and individuals. Founded in 2013, the firm is headquartered in Jersey, with offices in France, Stockholm, the UK, and the US. CoinShares 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 publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

For more information on CoinShares, please visit: https://coinshares.com
Company | +44 (0)1534 513 100 | enquiries@coinshares.com
Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com

Press Contact
CoinShares
Benoît Pellevoizin
bpellevoizin@coinshares.com

M Group Strategic Communications
Peter Padovano
coinshares@mgroupsc.com

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SOURCE CoinShares Group

FAQ

What is the significance of CoinShares receiving MiCA authorization?

CoinShares (CNSRF) has become the first continental European regulated asset manager to receive MiCA authorization, enabling it to provide institutional-grade portfolio management services across all asset classes throughout the EU.

How much assets under management does CoinShares have in 2025?

CoinShares manages over $9 billion in assets as a leading European investment company specializing in digital assets.

In which countries can CoinShares operate after receiving MiCA authorization?

CoinShares currently operates in France, Germany, Cyprus, Ireland, Lithuania, Luxembourg, Malta, and the Netherlands, with the ability to extend operations across all EU member states.

What regulatory licenses does CoinShares now hold?

CoinShares holds a unique triple regulatory license combination: AIFM for alternative investment fund management, MiFID for traditional financial instruments, and MiCA for crypto-assets.

How will the MiCA authorization benefit CoinShares' business?

The authorization enables CoinShares to provide comprehensive investment services across all asset classes, serve as a regulated counterparty for institutional investors, and offer proper segregation of custody and management duties throughout the EU.