Everstake & Cometh Launch MiCA-Compliant Crypto Staking for EU Institutions

The core innovation of the Everstake-Cometh partnership lies in its streamlined, compliant workflow designed specifically for institutions. Clients begin by completing KYC/KYB verification with Cometh, after which they receive a dedicated IBAN for fiat deposits and are issued a smart account. Fiat is then converted into eligible crypto assets, which are automatically routed to Everstake’s institutional-grade staking infrastructure. Following the staking period, rewards can be converted back into fiat, creating a smooth, closed-loop cycle. This process effectively lowers the barrier to Web3, making it “as simple as a typical bank transfer,” according to the announcement, while maintaining rigorous standards for custody, compliance, and operational control.

Jérôme de Tychey, Founder and CEO of Cometh, emphasized the strategic importance of compliance and security for accelerating institutional adoption. “We’re delighted to offer MiCA-compliant services with Everstake’s enterprise-grade staking solutions,” de Tychey stated. “As institutional adoption is accelerating in the European Union, it’s crucial to guarantee security and compliance for new entrants.” This sentiment underscores the partnership’s focus on providing a trusted gateway for traditional finance entities seeking exposure to crypto-native yield opportunities like staking.

The collaboration is strategically timed to capitalize on two powerful trends converging in the European crypto market: robust regulatory clarity and exploding institutional interest. The EU’s MiCA framework, which sets comprehensive rules for crypto service providers, has created a predictable environment. Over 150 crypto firms now hold MiCA licenses, reflecting traditional finance’s growing entry into the digital asset space. Concurrently, institutional participation in staking has reached record levels, surging to 44% in 2025 from 31% in 2024. Furthermore, the total value locked in EU crypto platforms grew by 28% in the first quarter alone, highlighting rapid capital inflows.

David Kinitsky, CEO of Everstake, framed the partnership as a direct response to this institutional demand for secure, compliant access. “Our mission has always been to make staking accessible, secure, and compliant for institutional partners,” Kinitsky said. “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.” The partnership exemplifies how specialized providers can combine strengths—Everstake’s staking expertise and Cometh’s regulated custody—to serve a sophisticated clientele.

The technical and compliance backbone of this service is formidable. Everstake brings to the table its status as one of the largest global non-custodial staking providers, supporting over $7 billion in staked assets across more than 80 Proof-of-Stake networks. Its infrastructure boasts 99.98% uptime and is backed by major certifications including SOC 2 Type II, ISO 27001:2022, and NIST CSF, alongside compliance with GDPR and CCPA regulations. It is crucial to note that Everstake operates as a software platform providing infrastructure tools and does not take custody of customer assets.

This is where Cometh’s role as a MiCA-licensed custodian and DeFi-native infrastructure provider becomes critical. Headquartered in Paris and founded in 2020, Cometh operates across the EU, delivering the regulated custody, fiat onboarding via dedicated IBANs, and smart account management required for the service’s fiat-to-crypto bridge. By integrating Everstake’s staking engine into its custody ecosystem, Cometh ensures that assets remain within a compliant framework from deposit to reward settlement. This division of labor—staking infrastructure from Everstake, regulated custody and fiat rails from Cometh—creates a powerful, compliant stack tailored for institutional risk and operational requirements.