ABU DHABI, UAE, August 20, 2025 – BurjX, a fully licensed digital asset brokerage and custodian operating under the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), today announced its adoption of Fireblocks’ enterprise-grade digital asset infrastructure. This integration is designed to fortify the company’s trading and custody operations.
In a landscape where over US $2.17 billion was lost to crypto theft in the first half of 2025, and with only a small percentage of exchanges offering full insurance, BurjX is establishing a new standard for asset protection and regulatory compliance. Leveraging Fireblocks’ MPC wallet technology, BurjX provides robust cryptographic safeguards that eliminate single points of failure. Private keys remain unexposed, and transactions are governed by a multi-layered system of role-based access controls, automated policies, and approval systems.
“BurjX enters the market with a regulatory-first, security-focused strategy,” stated 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.”
To ensure alignment with global anti-money laundering (AML) standards, BurjX has also integrated Notabene for Travel Rule compliance and Chainalysis for on-chain monitoring. This is complemented by comprehensive insurance coverage from Relm Insurance, which protects both hot and cold wallet environments against internal and external threats.
“This combination of Fireblocks infrastructure and institutional-grade insurance demonstrates our unwavering 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.