ABU DHABI, UAE – In response to escalating global concerns over digital asset theft—exceeding $2 billion in the first half of 2025—BurjX, a fully licensed digital asset brokerage and custodian based in the UAE, has announced a strategic partnership with Fireblocks, a recognized leader in institutional-grade crypto security infrastructure.
This collaboration introduces a fortified custody framework that eliminates single points of failure through Fireblocks’ advanced multi-party computation (MPC) technology. BurjX further distinguishes itself by offering comprehensive insurance coverage from Relm Insurance, encompassing both hot and cold wallet environments.
“BurjX is committed to delivering a secure, compliant, and confidence-driven trading experience,” stated Omar Abbas, Chief Executive Officer of BurjX.
The partnership marks a significant step toward establishing operational integrity and investor protection in the evolving digital asset landscape.