21 August 2025 | Thursday | News
Picture Courtesy | Public Domain
BurjX, the UAE-born digital asset trading platform, licensed for both brokerage and custody services by the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, has announced that it is leveraging Fireblocks, an enterprise platform providing digital asset infrastructure solutions to businesses building on blockchain, to secure its digital asset trading and custody operations.
Built on institutional-grade technology designed to handle one million transactions per second, BurjX delivers a seamless blend of speed, scale, and security. At the core of its custody architecture is Fireblocks' MPC wallet technology, which safeguards user assets with advanced cryptographic protections that eliminate single points of failure. Private keys are never exposed, and every transaction is secured by role-based access, automated policy controls, and multi-layer authorization flows.
"BurjX is entering the market with a clear commitment to regulatory compliance and security-first infrastructure," said Stephen Richardson, Chief Strategy Officer at Fireblocks. "We're proud to provide the MPC wallet infrastructure that enables BurjX to operate securely, giving users confidence and control as the UAE's digital asset ecosystem grows."
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