ABU DHABI, UAE – BurjX, a newly established and fully licensed digital asset firm headquartered in Abu Dhabi, has entered into a strategic partnership with Fire blocks, a global leader in digital asset security infrastructure. This collaboration is designed to enhance investor protection in response to escalating global crypto-related thefts, which exceeded $2 billion in losses during the first half of 2025.
BurjX distinguishes itself by implementing Fireblocks’ advanced key management and multi-layered security protocols, ensuring robust protection against cyber threats. Furthermore, the firm has secured comprehensive insurance coverage through Relm Insurance, safeguarding both hot and cold wallets against a wide spectrum of risks.
“BurjX is launching with a clear focus on security and regulatory compliance,” stated Stephen Richardson, Chief Strategy Officer at Fire blocks. “We are pleased to support their efforts in establishing a secure and credible platform within the UAE’s evolving digital asset landscape.”
In addition, BurjX has formalized partnerships with Notabene and Chainalysis to ensure adherence to international anti-money laundering (AML) standards.
“Our integrated approach—combining Fireblocks’ security architecture with institutional-grade insurance—demonstrates our unwavering commitment to asset protection and operational integrity,” said Omar Abbas, Co-Founder and CEO of BurjX.
BurjX aims to deliver a secure, transparent, and efficient trading environment for both retail and institutional participants in the region.