Home » BurjX and Fireblocks Join Forces to Secure UAE Crypto Market Amid Rising Global Theft

BurjX and Fireblocks Join Forces to Secure UAE Crypto Market Amid Rising Global Theft

by admin477351

ABU DHABI, UAE – BurjX, an Abu Dhabi-based and fully licensed digital asset platform, is taking bold steps to protect investors by partnering with Fireblocks, a leader in digital asset infrastructure.

The collaboration comes as crypto-related thefts worldwide surged past $2 billion in the first half of 2025. By deploying Fireblocks’ MPC wallet technology, BurjX is building a secure foundation that prevents single points of failure and delivers stronger asset protection.

Backing this technology is comprehensive insurance from Relm Insurance, covering both hot wallets used for active trading and cold wallets for long-term storage.

“Our priority is to deliver a safe and fully insured trading experience that customers can trust,” said Omar Abbas, CEO of BurjX.

To stay compliant with global anti-money laundering (AML) standards, BurjX has also partnered with Notabene and Chainalysis to monitor blockchain activity and comply with the Travel Rule, ensuring transparency across every transaction.

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