ABU DHABI, UAE, August 20, 2025 – BurjX, a fully licensed digital asset brokerage and custodian based in Abu Dhabi, has announced a strategic alliance with Fireblocks, a globally recognized provider of blockchain security infrastructure. This collaboration aims to elevate investor protection standards amid increasing crypto-related thefts, which totaled more than $2 billion in the first half of 2025.
Through the integration of Fireblocks’ advanced multi-party computation (MPC) key management and multi-layered security protocols, BurjX offers institutional-grade protection designed to mitigate operational and cyber risks. Complementing this, BurjX has secured comprehensive insurance coverage from Relm Insurance, safeguarding both active trading wallets and long-term cold storage assets.
“BurjX is entering the market with a clear commitment to regulatory compliance and security-first infrastructure,” said Stephen Richardson, Chief Strategy Officer at Fireblocks. “Our technology empowers BurjX to deliver a trusted and transparent digital asset experience to its users.”
To further enhance compliance, BurjX has partnered with Notabene for Travel Rule adherence and Chainalysis for ongoing transaction monitoring, ensuring alignment with international AML standards.
“By combining state-of-the-art security technology with robust insurance, we are delivering a safe and transparent environment for digital asset trading in the UAE,” stated Omar Abbas, Co-Founder and CEO of BurjX.