Collaboration Between Cometh and Everstake
In an exciting development for the European Union’s financial landscape, Cometh, a licensed custodian and decentralized finance (DeFi) service provider, has announced a collaboration with Everstake, a leading global staking infrastructure provider. The partnership is aimed at simplifying the transition from traditional banking to cryptocurrency staking, making it accessible and compliant within the framework of the Markets in Crypto-Assets Regulation (MiCA). This initiative is particularly important as the MiCA regulations are laying a strong foundation for the future of crypto services across Europe.
Seamless Transition to Cryptocurrency Staking
As of January 7, 2026, clients using Cometh’s platform can enjoy a seamless experience where they can deposit fiat currency directly from their bank accounts, convert it into cryptocurrencies eligible for staking, and earn rewards that can subsequently be converted back into fiat. This integration with Everstake’s institutional-grade infrastructure allows for a transactional process that mimics traditional banking, thereby lowering the barriers to entry into Web3.
Onboarding Process and Compliance
Included in the onboarding process is an easy Know Your Customer (KYC) and Know Your Business (KYB) verification that grants clients a dedicated International Bank Account Number (IBAN) for fiat transactions. Once the fiat is transformed into crypto, the assets are sent to Everstake for secure staking, all while adhering to GDPR regulations.
Insights from Industry Leaders
Jérôme de Tychey, Founder and CEO of Cometh, expressed enthusiasm about the partnership, emphasizing the importance of security and compliance as institutional involvement in the EU’s crypto market continues to grow. He noted that institutional staking surged dramatically in 2025, with participation climbing to 44%, up from 31% the previous year. Furthermore, the total value locked in cryptocurrency platforms within the EU saw an impressive increase of 28% in the first quarter of 2025 alone, with over 150 crypto firms currently operating under MiCA licenses, reinforcing the engagement of traditional financial institutions in the digital asset sphere.
David Kinitsky, CEO of Everstake, echoed this sentiment, highlighting that their mission has always been to enhance accessibility and security for institutional clients venturing into the world of staking. The collaboration with Cometh signifies a significant milestone in facilitating the transition from bank transfers to crypto staking, while maintaining rigorous standards of regulatory compliance and security measures.
About Cometh and Everstake
Cometh, based in Paris and established in 2020, focuses on providing a comprehensive suite of custody and DeFi solutions, helping institutions navigate the burgeoning crypto landscape. Everstake, founded in 2018, serves a vast client base that includes both retail and institutional participants across over 80 Proof-of-Stake networks, currently managing around $7 billion in staked assets.