BurjX, a UAE-based digital asset trading platform licensed by the ADGM’s Financial Services Regulatory Authority (FSRA), has integrated Fireblocks‘ enterprise infrastructure to provide institutional-grade security for its trading and custody operations. The move underscores BurjX’s commitment to a security-first approach as it launches in the region.
Key Highlights
The platform is built on a foundation of security, compliance, and performance:
- FSRA Licensed: BurjX holds licenses for both brokerage and custody services from the Abu Dhabi Global Market’s FSRA.
- Core Technology: The platform’s trading and custody operations are secured by Fireblocks’ advanced MPC wallet technology.
- Comprehensive Insurance: Offers robust insurance coverage for digital assets held in both hot and cold wallets.
- Compliance Integration: The platform has integrated Notabene for Travel Rule compliance and Chainalysis for transaction monitoring.
A Security-First Approach in a High-Stakes Market
With crypto theft losses exceeding $2.17 billion in the first half of 2025, BurjX is entering the market with a clear focus on asset protection. By building its platform on Fireblocks’ infrastructure, BurjX utilizes advanced cryptography that secures user assets and eliminates single points of failure. This ensures private keys are never exposed and every transaction is protected by multi-layer authorization and automated policy controls.
“BurjX is entering the market with a clear commitment to regulatory compliance and security-first infrastructure,” said Stephen Richardson, Chief Strategy Officer at Fireblocks.
Built for Compliance and Trust
To ensure it meets the highest regulatory standards, BurjX has integrated leading compliance tools. The platform uses Chainalysis to monitor on-chain activity and Notabene to comply with the global Travel Rule, ensuring transparency and alignment with international anti-money laundering (AML) standards. This robust compliance framework is designed to give users confidence in the platform’s integrity.
“This foundation gives our users confidence that their assets are protected by industry-leading security, covered by comprehensive insurance, and fully compliant with one of the world’s most rigorous regulatory frameworks,” stated Omar Abbas, Co-Founder and CEO of BurjX.
Source: Fintechnews Middle East
