BurjX, a UAE-based digital asset brokerage and custodian licensed by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), announced the deployment of Fireblocks’ enterprise-grade infrastructure to secure its trading and custody operations.
Against a backdrop of $2.17 billion in global crypto thefts reported in the first half of 2025, BurjX distinguishes itself as one of the few exchanges offering full insurance coverage. Partnering with Relm Insurance, a specialty provider for digital assets, BurjX combines Fireblocks’ multi-party computation (MPC) wallet technology with institutional-grade security and compliance frameworks.
“BurjX is entering the market with a commitment to security and regulatory alignment,” said Stephen Richardson, Chief Strategy Officer at Fireblocks. “Our MPC technology ensures customer assets remain protected at every stage.”
BurjX has also integrated compliance tools including Notabene for Travel Rule adherence and Chainalysis for on-chain monitoring. By combining advanced custody infrastructure, regulatory rigor, and end-to-end insurance coverage, BurjX sets a new standard for secure digital asset services in the UAE and beyond.