Crédit Agricole's CACEIS in talks to acquire crypto firm Meria

Meria, formerly operating as Just Mining, manages approximately €350 million in assets for a user base of 150,000. Co-founded by Owen Simonin, the platform recently secured MiCA Crypto-Asset Service Provider (CASP) authorization from the French regulator, the AMF, on June 22. This regulatory status provides a significant advantage as the European Union’s Markets in Crypto-Assets regulation fully reshapes the industry landscape.

For CACEIS, the deal offers a direct path into retail markets and sophisticated staking services. While CACEIS already maintains digital asset custody permissions under the Article 60 notification route, the acquisition would bypass the complexities of internal development. The timing aligns with the July 1 expiration of the MiCA transition period, which has intensified compliance pressures and spurred a wave of consolidation. As regulatory hurdles rise, traditional financial institutions are increasingly opting to purchase pre-licensed, crypto-native entities to maintain a competitive foothold in the European market.