BurjX, a UAE born digital asset trading platform, has secured its Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), thus launching as a regulated provider of brokerage and custody services.
Burjx has been thus positioned as one of the region’s few fully licensed platforms, offering access to over 100 digital assets under the oversight of one of the world’s most robust virtual asset frameworks.
With the UAE’s cryptocurrency market projected to generate $395.9 million in revenue by 2025, and nearly one-third of the population expected to own crypto by 2026. The platform’s regulatory approval and technical readiness set a new benchmark in market access, regulatory compliance, and institutional-grade infrastructure. BurjX aims to lead the country’s rapidly expanding digital asset ecosystem.
Integrated with UAE’s local banking infrastructure via Zand Bank, BurjX enables users to instantly on-ramp AED into digital assets. This seamless fiat-to-crypto bridge allows for the rapid trading of over 100 tokens in seconds, with full compliance under ADGM’s regulatory framework. The integration simplifies market access for retail and institutional investors while maintaining high security and regulatory standards.
As a licensed provider of both brokerage and custody services, BurjX offers users secure, fast, and scalable infrastructure. Built on NASDAQ-grade systems capable of processing over one million transactions per second, and secured by Fireblocks’ multi-party computation (MPC) wallet technology, the platform delivers high-performance trading with deep liquidity. Each transaction is backed by multi-layer governance, regulatory oversight, and insurance coverage across both hot and cold storage.
Omar Abbas Co-Founder and CEO- BurjX
“We came to the UAE to build something that reflects the future of this region: regulated, trusted, and globally competitive. Securing our FSRA license and launching with 100+ assets is proof of what’s possible when you build with conviction from the ground up. We’re not another imported platform entering the UAE. We’re a homegrown one, built here to lead globally.”
Co-Founder and Chairman Adam Ferris stated that, “It’s rare to see a startup go live with this level of regulatory and technical execution. This launch validates the strength of our infrastructure, the caliber of our team, and our ambition to position BurjX as a global player from day one.”
To further strengthen its governance and regulatory insight, BurjX has appointed Dr. Ryan Lemand to its Board. A former board member at Binance and ex-Head of Risk at the UAE Securities and Commodities Authority (SCA), Dr. Lemand brings extensive experience in institutional finance and digital asset regulation.
Catering to the needs of high-net-worth individuals, institutions, and family offices, BurjX has launched a Private Client Division. This specialized service offers over-the-counter (OTC) trading, tailored execution strategies, and dedicated client relationship management. The offering is designed to help sophisticated investors build diversified portfolios with enhanced security, transparency, and support.
With its regulated launch complete, BurjX is preparing to expand its footprint across the UAE and the wider MENA region. The company plans to focus on its core principles of regulatory strength, security, and user simplicity as adoption grows.
Positioned as a UAE-native platform with global ambitions, BurjX is expected to become a key on-ramp to the digital asset economy in the Middle East. As the regional demand for regulated, secure crypto services accelerates, BurjX is set to play a leading role in shaping the UAE’s digital finance future.
