Home » BurjX Teams Up with Fireblocks to Secure UAE Crypto Market Amid Rising Global Thefts

BurjX Teams Up with Fireblocks to Secure UAE Crypto Market Amid Rising Global Thefts

by admin477351

ABU DHABI, UAE – BurjX, a new crypto trading platform licensed in Abu Dhabi, has announced a partnership with Fireblocks to bolster digital asset security. This move comes as global crypto thefts surpassed $2 billion in the first half of 2025, raising concerns for investors worldwide.

The platform is using Fireblocks’ advanced wallet and key management technology to protect against cyber threats while also providing insurance coverage through Relm Insurance to safeguard user funds stored in both hot and cold wallets.

“BurjX’s approach to security and compliance sets an important benchmark for the region,” said Stephen Richardson, Fireblocks Chief Strategy Officer.

To stay aligned with international anti-money laundering (AML) standards, BurjX has also integrated solutions from Notabene and Chainalysis to track on-chain activity and prevent illicit transactions.

“Our mission is to create a safe, reliable, and transparent environment for all participants,” said Omar Abbas, CEO of BurjX. “This partnership demonstrates our dedication to protecting users and strengthening trust in the UAE’s digital asset ecosystem.”

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