ABU DHABI, UAE – In a year marked by rising crypto theft, BurjX, a new digital asset platform in the UAE, is taking a major step to protect its users. The company has teamed up with security leader Fireblocks to secure its platform and has also acquired comprehensive insurance from Relm Insurance, protecting all customer assets.
This partnership comes as a direct response to the $2 billion in crypto losses seen globally in the first half of 2025. BurjX’s approach focuses on a multi-layered defense system: using Fireblocks’ technology to prevent hacks and backing it up with full insurance coverage. This means assets are protected whether they are being actively traded or stored for the long term.
“We want people to trade with confidence knowing their funds are safe and fully protected,” said Omar Abbas, CEO of BurjX.
BurjX is also partnering with Notabene and Chainalysis to ensure all transactions follow international rules and to keep the platform secure and trustworthy for everyone.