Everstake is a Ukrainian staking infrastructure company founded in 2018 in Kyiv. It operates as one of the largest proof-of-stake validator operators in the world, securing assets across more than 70 blockchain networks including Ethereum, Solana, Cardano, Cosmos, Polkadot, and Aptos. The company's core revenue comes from charging a commission on staking rewards earned by delegators who entrust their tokens to Everstake's validator nodes.
The firm manages billions of dollars in staked assets across its validator operations, though the company has not publicly disclosed a single consolidated AUM figure. Everstake maintains infrastructure in multiple data centers to ensure high uptime and security for delegators. Its validator business has grown steadily with the broader shift toward proof-of-stake consensus since Ethereum's Merge in September 2022.
In addition to running validators, Everstake operates a small venture investment arm that backs early-stage Web3 infrastructure and DeFi projects. The portfolio count of five investments reflects a selective, infrastructure-focused approach rather than broad spray-and-pray allocation. Public information about specific deal sizes and portfolio company names from this investment arm is limited; Everstake does not maintain a publicly indexed investment portfolio page comparable to dedicated crypto VCs.
Notable investments
Everstake's investment activity is closely tied to networks it validates. The firm has backed projects building tooling, liquid staking protocols, and cross-chain infrastructure. Specific named investments from the venture arm have not been consistently disclosed in public filings or press releases as of mid-2026. Public information about individual deal names and terms is limited.
Team
- Sergiy Vasylchuk – Co-founder and CEO. Previously worked in software development before co-founding Everstake. He is the primary public spokesperson for the company and has spoken at major Web3 conferences on staking economics.
- Vladimir Tiuleniev – Co-founder and CTO. Leads the technical infrastructure across Everstake's validator network.
The team is based primarily in Ukraine. The company continued operations through the Russian invasion of 2022, relocating some staff while maintaining validator uptime. This operational resilience under wartime conditions drew attention in the crypto industry.
Recent activity
Through 2024 and into 2025, Everstake expanded its Ethereum restaking exposure following the growth of EigenLayer and the broader restaking ecosystem. The company also deepened its presence on Solana, where it ranks among the larger validators by delegated stake. Everstake has published educational content and staking guides to attract retail and institutional delegators directly, reducing reliance on exchange-based staking intermediaries.
As a Ukrainian company with global operations, Everstake occupies an unusual position in the staking industry – technically sophisticated, infrastructure-heavy, and geographically rooted in Eastern Europe. Its investment arm remains small relative to its validator business. The strategic logic appears to be backing ecosystems where Everstake already runs nodes, aligning validator revenue with equity upside in the same networks. For investors or projects evaluating Everstake as a backer, the primary value-add is validator infrastructure and network relationships rather than large capital checks.
Further information: everstake.one (official site).
