Everstake, one of the largest global non-custodial staking providers for institutional and retail clients, has partnered with Cometh, a DeFi-native infrastructure provider and MiCA-licensed custodian, to give institutional and corporate clients across the European Union a simple, compliant way to turn fiat deposits into crypto staking rewards — and back into fiat.
Cometh operates across the EU as a licensed custodian and DeFi service provider in full compliance with the Markets in Crypto-Assets Regulation (MiCA). By integrating Everstake’s institutional-grade staking infrastructure into its custody ecosystem, Cometh will allow clients to deposit fiat directly from their bank accounts, convert it into eligible crypto assets, stake them securely, and then receive rewards that can be settled back into fiat.
This streamlined process will lower the entry to Web3 as simple as a typical bank transfer. Clients complete KYC/KYB verification with Cometh, receive a dedicated IBAN for fiat deposits, and are issued a smart account. Once the fiat is converted into crypto, assets are routed to Everstake for secure, GDPR-compliant staking. Rewards can then be converted back into fiat, creating a smooth cycle that combines Web2 simplicity with Web3 yield opportunities for institutions without compromising custody, compliance, or operational control.
“We’re delighted to offer MiCA-compliant services with Everstake’s enterprise-grade staking solutions,” said Jérôme de Tychey, Founder and CEO of Cometh. “As institutional adoption is accelerating in the European Union, it’s crucial to guarantee security and compliance for new entrants. Everstake’s performance paves the way to lasting financial growth through crypto assets that Cometh is able to custody, onboard, and offboard efficiently.”
This collaboration arrives as MiCA sets the regulatory foundation for crypto services across the EU and institutional interest in staking reaches record highs. Institutional participation in staking surged to 44% in 2025, up from 31% in 2024, with total value locked in EU crypto platforms growing by 28% in Q1 alone. More than 150 crypto firms now hold MiCA licenses, reflecting traditional finance’s growing entry into the digital asset space.
“Our mission has always been to make staking accessible, secure, and compliant for institutional partners,” said David Kinitsky, CEO of Everstake. “By integrating with Cometh’s regulated custody and fiat onboarding infrastructure, we’re enabling EU clients to easily move from bank transfers to staking — and back — while meeting the highest standards of security and regulatory alignment. This partnership is a perfect example of how regulated custody and enterprise staking can work hand in hand to unlock sustainable yield for institutions.”
About Cometh
Founded in 2020 and headquartered in Paris, France, Cometh is a DeFi-native infrastructure provider and licensed custodian, operating across the European Union in compliance with the Markets in Crypto-Assets Regulation (MiCA). Cometh delivers a comprehensive suite of custody and DeFi services, including fiat onboarding, smart account management, and regulatory-grade infrastructure for institutions.
About Everstake
Everstake is the largest global non-custodial staking provider serving institutional and retail clients, trusted by over 1,000,000 users across 80+ Proof-of-Stake networks. Founded in 2018 by blockchain engineers, the company supports $7 billion in staked assets, delivering institutional-grade infrastructure with 99.98% uptime.
Supporting asset managers, custodians, wallets, exchanges, and protocols, Everstake offers API-first, compliant infrastructure backed by SOC 2 Type II, ISO 27001:2022, and NIST CSF certifications, as well as GDPR and CCPA compliance, and regular smart contract audits. Its globally distributed team of 100+ professionals is committed to making staking accessible to everyone while strengthening the foundations of decentralized finance.
Everstake, Inc. or any of its affiliates is a software platform that provides infrastructure tools and resources for users but does not offer investment advice or investment opportunities, manage funds, facilitate collective investment schemes, provide financial services or take custody of, or otherwise hold or manage, customer assets. Everstake, Inc. or any of its affiliates does not conduct any independent diligence on or substantive review of any blockchain asset, digital currency, cryptocurrency or associated funds. Everstake, Inc. or any of its affiliates’s provision of technology services allowing a user to stake digital assets is not an endorsement or a recommendation of any digital assets by it. Users are fully and solely responsible for evaluating whether to stake digital assets.
