CoinShares Elevates Crypto Portfolio Management with MiCA License

Key Points

1. CoinShares received the MiCA license from France's financial authority, AMF, enabling it to operate in multiple EU countries like Germany, the Netherlands, and Luxembourg.

2. The company, listed on Nasdaq Stockholm, manages over $9 billion in assets and aims to expand further with the MiCA license.

3. CoinShares combines MiCA with existing MiFID and AIFM licenses, positioning itself as 'fully regulated' and gaining a competitive advantage.

4. CoinShares claims to be the first Europe-headquartered crypto asset management firm to achieve the MiCA license milestone.

5. The MiCA license allows CoinShares to offer services across the EU with a single authorization, streamlining its operations under a unified regulatory framework.