Meria gives CACEIS what a custody arm cannot bootstrap fast: Hasheur's distribution, a MiCA-CASP retail/staking product, 150,000 users, and roughly €350M AUM. With EURXT issued on CACEIS' balance sheet, Amundi Bitcoin ETN custody since April 2026, and tokenized MMF work on Ethereum, Crédit Agricole is turning MiCA into a bank M&A roll-up in 2026.

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