Everstake and Cometh Partner to Enable Fiat-to-Crypto Staking Flow for EU Institutions

Everstake and Cometh Partner to Enable Fiat-to-Crypto Staking Flow for EU Institutions

A major non-custodial staking provider has entered a partnership with a regulated European digital asset infrastructure firm to offer institutional and corporate clients across the European Union a compliant pathway to earn crypto staking rewards using fiat funds.

Under the collaboration, institutional clients will be able to deposit fiat currency from bank accounts, convert it into eligible crypto assets, stake those assets through institutional-grade infrastructure, and later convert staking rewards back into fiat. The model is designed to operate fully within the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework.

The arrangement combines regulated custody, fiat onboarding, and decentralised finance infrastructure into a single workflow. Clients complete identity and business verification, receive a dedicated IBAN for fiat deposits, and are issued a smart account. Once fiat is converted into crypto assets, those assets are routed for non-custodial staking, with rewards generated on-chain and optionally settled back into fiat.

The structure aims to lower operational and regulatory barriers for institutions seeking exposure to staking yields, while preserving compliance, custody controls, and data protection standards. Staking operations are conducted in a GDPR-compliant environment, with assets remaining under regulated custody throughout the process.

The partnership comes as institutional interest in crypto staking continues to rise across Europe following the introduction of MiCA. Institutional participation in staking increased to 44% in 2025 from 31% the previous year, while the total value locked on EU-based crypto platforms grew by 28% in the first quarter alone. More than 150 crypto firms currently hold MiCA licenses, reflecting accelerating participation from traditional financial institutions.

The collaboration is intended to bridge traditional financial workflows with decentralised finance mechanics, allowing institutions to access staking returns using processes similar to conventional banking transactions. By integrating regulated custody, fiat rails, and enterprise staking infrastructure, the initiative seeks to enable institutions to participate in Web3 yield generation without compromising regulatory alignment or operational control.

About the Companies

Cometh is a European digital asset infrastructure provider founded in 2020 and headquartered in France. The company operates across the European Union as a licensed custodian and DeFi service provider under MiCA, offering custody, fiat onboarding, smart account management, and regulatory-grade infrastructure for institutional clients.

Everstake is a global non-custodial staking infrastructure provider serving institutional and retail clients across more than 80 proof-of-stake networks. Founded in 2018 by blockchain engineers, the company supports approximately $7 billion in staked assets and maintains enterprise-grade infrastructure with high availability. Its services are designed for asset managers, custodians, wallets, exchanges, and protocols, with a focus on security, compliance, and scalable staking operations.

Everstake provides infrastructure tools and software services only and does not offer investment advice, manage client funds, provide financial services, or take custody of customer assets. Responsibility for evaluating and staking digital assets remains solely with the user.

CATEGORIES
Share This