Everstake and Cometh Collaborate to Enable Fiat-Crypto Staking for EU Clients

Everstake, a prominent non-custodial staking service provider, has announced a partnership with Cometh, a DeFi infrastructure operator and MiCA-licensed custodian. This collaboration seeks to offer a streamlined process for institutional and corporate clients within the European Union to convert fiat deposits into crypto staking rewards, and vice versa. The integration leverages Everstake’s staking infrastructure and Cometh’s custodial services to facilitate this process.

Cometh operates across the EU, fully compliant with the Markets in Crypto-Assets Regulation (MiCA). By integrating Everstake’s technology, Cometh will allow clients to deposit fiat from bank accounts, convert it to eligible cryptocurrencies, stake those assets, and receive staking rewards that can be converted back to fiat. The process is designed to be as simple as a standard bank transfer, while maintaining regulatory compliance and operational control.

Clients begin the process through KYC/KYB verification with Cometh, receiving a dedicated IBAN for deposits and a smart account. Once fiat is converted into crypto, assets are routed to Everstake for secure staking. The rewards can then be converted back into fiat, combining the ease of traditional banking with the yield potential of crypto staking.

Jérôme de Tychey, CEO of Cometh, expressed the importance of offering MiCA-compliant services through this partnership. He emphasized that as institutional adoption increases in the EU, ensuring security and compliance becomes crucial. He noted Everstake’s role in facilitating financial growth through crypto assets that Cometh can efficiently manage.

The partnership comes at a time when MiCA is establishing the regulatory framework for crypto services in the EU, and institutional interest in staking is at an all-time high. In 2025, institutional participation in staking reached 44%, up from 31% in 2024. The total value locked in EU crypto platforms grew by 28% in the first quarter of the year. Over 150 crypto firms have secured MiCA licenses, highlighting the increasing involvement of traditional finance in digital assets.

David Kinitsky, CEO of Everstake, noted the company’s mission to make staking accessible, secure, and compliant for institutional partners. By integrating with Cometh’s regulated custody and fiat onboarding, Everstake enables EU clients to transition seamlessly between bank transfers and staking, ensuring compliance with security and regulatory standards.

Cometh, established in 2020 and headquartered in Paris, delivers a wide range of custody and DeFi services. Cometh’s offerings include fiat onboarding, smart account management, and regulatory-grade infrastructure, all in accordance with MiCA regulations.

Everstake, founded in 2018 by blockchain engineers, serves as the largest non-custodial staking provider globally, supporting over 1,000,000 users across more than 80 Proof-of-Stake networks. The company manages $7 billion in staked assets and provides institutional-grade infrastructure with high uptime, backed by various security and compliance certifications.

Both companies emphasize the role of their partnership in advancing the integration of traditional finance with blockchain technology, aiming to offer institutions a compliant and efficient method to explore cryptocurrency staking.

The collaboration is set within the larger context of crypto-asset regulation and institutional interest in the digital currency space. As such, stakeholders within the industry will closely monitor the implementation and impact of this partnership, particularly how it aligns with regulatory developments and market demand for crypto services.

Everstake and Cometh’s initiative is part of a larger trend where financial institutions increasingly explore crypto products to meet client demand and diversify their offerings. This movement reflects a growing recognition of the potential for digital assets to deliver new financial opportunities, while also navigating the regulatory landscape established by frameworks like MiCA.

Looking forward, the focus will be on how such partnerships adapt to evolving regulations, market conditions, and technological advancements. The industry will watch closely for further regulatory guidance and the potential expansion of similar services across other jurisdictions, which could influence the broader adoption of crypto-asset services in institutional finance.