BurjX Secures UAE Regulatory Approval for Digital Asset Trading

BurjX, a UAE-based digital asset trading platform, has successfully obtained its Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This regulatory approval allows BurjX to operate as a fully regulated digital asset brokerage platform, offering trading services for over 100 digital assets. This achievement marks a significant milestone for the platform, positioning it as a leader in the region's digital asset market.

The UAE's cryptocurrency market is anticipated to generate substantial revenue, with projections indicating a user base of 3.88 million by 2026. BurjX's launch aligns with the region's growing interest in digital assets, as nearly one-third of the population is expected to own crypto within the next year. The platform's regulatory compliance and extensive asset offerings set a new standard for market access and product breadth in the region.

Omar Abbas, Co-Founder and CEO of BurjX, emphasized the platform's mission to build a regulated, trusted, and globally competitive digital asset trading platform. "We came to the UAE to build something that reflects the future of this region: regulated, trusted, and globally competitive," Abbas stated. The platform's launch with over 100 assets underscores its commitment to regulatory depth and technical execution.

Adam Ferris, Co-Founder and Chairman of BurjX, highlighted the platform's robust infrastructure and ambitious goals. "It’s rare to see a startup go live with this level of regulatory and technical execution," Ferris noted. The platform's governance framework includes Dr. Ryan Lemand, a former Binance board member and ex-Head of Risk at the UAE’s Securities and Commodities Authority, who brings extensive expertise in regulation and digital assets.

BurjX offers seamless trading experiences with instant AED on-ramps powered by Zand Bank. Users can fund their accounts in AED and trade over 100 tokens within seconds, all under the oversight of ADGM’s virtual asset framework. This integration provides a frictionless access to digital markets, ensuring security and seamless transactions.

As one of the few platforms in the region licensed for both brokerage and custody, BurjX combines ADGM’s virtual asset regime with institutional-grade infrastructure. Built on NASDAQ-grade systems and secured by Fireblocks’ MPC wallet technology, BurjX offers fast execution, deep liquidity, and secure custody. Every transaction is backed by multi-layer governance, comprehensive insurance, and robust regulatory oversight, catering to both first-time traders and institutions.

For family offices, institutions, and high-net-worth clients, BurjX has launched its Private Client Division. This division offers white-glove OTC services, tailored execution, dedicated relationship coverage, and access to one of the most extensive digital asset offerings in the region. Designed for sophisticated investors, it empowers them to build high-conviction, diversified portfolios with clarity, control, and confidence.

With its official launch, BurjX is entering a new phase of growth, focusing on scaling across the UAE and the broader MENA region. The platform aims to double down on its core pillars: security, simplicity, and regulatory strength. With rising adoption from retail users, growing demand from private wealth clients, and deep liquidity across 100+ assets, BurjX is positioned to be the Middle East’s homegrown on-ramp to the global crypto economy.