Everstake & Paribu Custody Launch Institutional Staking in Turkey

The collaboration between Everstake and Paribu Custody represents a significant milestone in Turkey’s evolving digital asset landscape. As Turkey’s first institutional digital-asset custody provider powered by proprietary technology, Paribu Custody brings local market expertise and infrastructure that complements Everstake’s global staking capabilities. The timing of this partnership aligns perfectly with Turkey’s cryptocurrency sector expansion, which Statista projects will generate $2.2 billion in revenue in 2025 and grow at an annual rate of 15.3% to reach $2.6 billion by 2026.

Mehmet Kafadar, Director at Paribu Custody, expressed enthusiasm about the collaboration, stating: “We are excited to welcome Everstake among Paribu Custody’s partners. With its 99.98% uptime performance, support for over 80 networks, and competitive rates across high-growth assets, Everstake will elevate the capabilities of Paribu Custody’s uniquely engineered platform.” This endorsement highlights the strategic value Everstake brings to Turkish institutions seeking reliable staking infrastructure.

The integration enables Paribu Custody clients to stake assets across major blockchain networks including Ethereum (ETH), Solana (SOL), Cosmos (ATOM), Cardano (ADA), Aptos (APT), and Celestia (TIA) through Everstake’s trusted validators. This comprehensive network support addresses the diverse needs of institutional clients looking to participate in multiple Proof-of-Stake ecosystems. The partnership allows institutions to stake directly from their custody environment while maintaining full control, governance, and auditability throughout the process.

Everstake brings formidable credentials to the partnership, supporting $7 billion in staked assets across 80+ Proof-of-Stake networks with 99.98% uptime and zero material slashing events since its founding in 2018. The company’s infrastructure is certified under SOC 2 Type II, ISO 27001:2022, NIST CSF, GDPR, and CCPA standards, providing the compliance framework that institutional investors require. Paribu Custody complements this with its proprietary ColdShield technology, which has processed more than $150 billion in total digital-asset volume for Turkish institutions to date.

Bohdan Opryshko, Co-Founder and COO at Everstake, emphasized the maturity of staking as an institutional function: “Staking is now an institutional function — not an experiment. Together with Paribu Custody, we’re delivering the secure, compliant, and enterprise-grade staking infrastructure needed to help Turkish institutions unlock the next phase of digital-asset growth.” This statement reflects the evolution of staking from experimental practice to core institutional service.

By integrating custody and staking under one compliant framework, the partnership enables Turkish institutions to convert their digital assets into productive, yield-generating holdings. This addresses a critical need in the institutional space where security and compliance often take precedence over yield optimization. The combined solution allows institutions to maintain the security benefits of custody while accessing the revenue potential of staking.

Paribu Custody’s position as Turkey’s first and only digital asset custody provider powered by proprietary technology gives it a unique advantage in the local market. Founded in 2024, the company has rapidly established itself as a leader in digital asset security in Turkey, setting itself apart from global competitors through its multi-layered security architecture ColdShield. This technology, combined with Everstake’s proven staking infrastructure, creates a compelling value proposition for Turkish financial institutions.

The partnership represents a significant step toward expanding institutional participation in blockchain networks across the Turkey region. As the Turkish digital asset market continues its rapid expansion, the availability of secure, compliant staking services through trusted local providers like Paribu Custody, backed by global infrastructure leaders like Everstake, will likely accelerate institutional adoption and contribute to the maturation of Turkey’s cryptocurrency ecosystem.