ABU DHABI, UAE, August 20, 2025 – BurjX, a UAE-born and fully licensed digital asset brokerage and custodian under the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), today announced its adoption of Fireblocks’ enterprise-grade digital asset infrastructure to fortify trading and custody operations.
With over US $2.17 billion lost to crypto theft globally in the first half of 2025 and only 22% of exchanges providing full insurance coverage, BurjX is setting a new standard for protection and compliance. Leveraging Fireblocks’ MPC wallet technology, BurjX delivers robust cryptographic safeguards that eliminate single points of failure. Private keys are never exposed, and transactions are governed by role-based access controls, automated policies, and multi-layer approval systems.
“BurjX enters the market with a regulatory-first, security-focused strategy,” said Stephen Richardson, Chief Strategy Officer at Fireblocks. “Our technology enables BurjX to provide users with confidence and trust as the UAE’s digital asset market expands.”
Additionally, BurjX has integrated Notabene for Travel Rule compliance and Chainalysis for on-chain monitoring to align with global AML standards. Complementing this is comprehensive insurance coverage from Relm Insurance, protecting both hot and cold wallet environments against internal and external threats.
“This combination of Fireblocks infrastructure and institutional-grade insurance demonstrates our commitment to user safety and regulatory excellence,” said Omar Abbas, Co-Founder and CEO of BurjX. “Every asset under custody at BurjX is secured, insured, and fully compliant.”
Through this partnership, BurjX offers individual and institutional investors deep liquidity, secure custody, and high-speed execution, delivering a trusted and transparent trading experience in the UAE and beyond.