ABU DHABI, UAE – BurjX, a fully licensed digital asset brokerage and custodian based in Abu Dhabi, has entered into a strategic partnership with Fireblocks, a recognized leader in enterprise-grade digital asset infrastructure. This collaboration is aimed at fortifying the security and operational integrity of BurjX’s trading and custody services.
Amid a global surge in crypto-related thefts—exceeding $2 billion in losses during the first half of 2025—BurjX is proactively implementing advanced safeguards. By deploying Fireblocks’ multi-party computation (MPC) wallet technology, the firm ensures a resilient cryptographic architecture that mitigates single points of failure. This is further reinforced by a comprehensive insurance policy from Relm Insurance, covering both hot and cold wallet environments against a spectrum of internal and external risks.
“Our objective is to instill confidence in our clients by delivering a secure and fully insured platform,” said Omar Abbas, Chief Executive Officer of BurjX.
To ensure full regulatory alignment, BurjX has also integrated Notabene for Travel Rule compliance and Chainalysis for blockchain monitoring, thereby adhering to international anti-money laundering (AML) protocols and promoting transparency across its operations.