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 and secured comprehensive insurance from Relm Insurance to protect all customer assets.
This partnership comes as a direct response to the over $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.