BlockBeats News: On January 7, according to Chainwire, non-custodial staking provider Everstake has partnered with Cometh, a DeFi infrastructure provider holding an EU MiCA license, to offer EU institutional and corporate clients compliant fiat-to-crypto staking services. Customers can deposit fiat currency via bank transfer, which is then converted into crypto assets after undergoing KYC/KYB verification. The crypto assets will be securely staked by Everstake, and staking rewards can ultimately be redeemed in fiat currency. This collaboration simplifies the process for institutions to enter the Web3 staking space.
Everstake Partners with Cometh to Provide EU Institutions with Compliant Staking Services
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Summary
Everstake, a non-custodial staking provider, announced a partnership with Cometh, a DeFi infrastructure company holding EU MiCA licenses, to offer compliant staking services for institutional clients in the European Union. The service allows fiat deposits via bank transfer, with funds converted into cryptocurrency after completing KYC/KYB checks and then securely staked. Staking rewards can be withdrawn in fiat currency. This collaboration supports deeper liquidity and integration into crypto markets for regulated entities.
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