CTF Written Submission
Letter to the Crypto Task Force
April 8, 2025
- Everstake requests clear guidance affirming that staking and appropriately structured non-custodial staking services do not constitute securities offerings.
- The letter outlines why staking and non-custodial staking services meet the criteria of an investment contract under the Howey Test.
- Everstake urges the Commission to issue formal guidance regarding the application of federal securities laws to non-custodial staking services.
Last Reviewed or Updated: April 8, 2025