One of Europe’s largest asset-servicing firms just made its clearest move yet into crypto. CACEIS, the custody and fund administration arm of French banking giant Crédit Agricole, has entered exclusive negotiations to acquire Meria, a digital-asset services platform based in France.

The timing is hard to ignore. Meria secured its MiCA CASP license on June 24, 2026, making it one of roughly 20 authorized crypto-asset service providers under Europe’s new regulatory framework. Less than two weeks later, a traditional finance heavyweight came knocking.

What CACEIS is buying

Meria, formerly known as Just Mining, was co-founded by Owen Simonin, one of France’s most recognizable crypto influencers. The platform has grown into a legitimate operation managing approximately €350 million in assets across a user base of around 150,000 clients.

The company’s bread and butter is staking services, offered to both retail investors and institutional clients. Meria has built meaningful infrastructure around it.