According to Jinse Finance, crypto asset management firm CoinShares has been granted a MiCA license by the French Financial Markets Authority (AMF), making it the first European asset management company authorized to offer crypto portfolio management services across the European Union. This license, combined with its existing MiFID and AIFM qualifications, makes CoinShares the only major European crypto asset manager to simultaneously hold all three major compliance licenses. CoinShares stated that this move will help expand its business across all 27 EU countries and facilitate the transition of the traditional asset management industry toward crypto products.