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Everstake Partners with Cometh to Simplify Institutional Fiat and Staking Processes

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Everstake has partnered with Cometh to streamline institutional adoption of staking services. The integration allows fiat deposits from bank accounts to be converted into stakable crypto assets, with rewards redeemable in fiat. Institutional adoption in staking has surged, with participation rising from 31% in 2024 to 44% in 2025. Ecosystem growth is evident as EU platforms saw a 28% increase in TVL in Q1 2025, with over 150 firms now holding MiCA licenses.

ChainCatcher News: According to Finbold, Everstake has partnered with Cometh to integrate Everstake's institutional-grade staking infrastructure into Cometh's custodial ecosystem. This collaboration will allow Cometh's clients to deposit fiat directly from their bank accounts, convert it into eligible crypto assets for staking, and then receive rewards that can be settled back into fiat. The report noted that this partnership comes at a time when institutional interest in staking has reached an all-time high. Data shows that the proportion of institutional participation in staking has surged from 31% in 2024 to 44% in 2025, with the total value locked in EU crypto platforms growing by 28% in the first quarter alone. Currently, more than 150 crypto companies hold MiCA licenses.

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