BurjX Secures Financial Services Permission from ADGM for Digital Asset Trading.

BurjX, a UAE-born digital asset trading platform, has secured Financial Services Permission from Abu Dhabi's Financial Services Regulatory Authority (FSRA) for brokerage and custody activities. This marks a milestone achievement for the platform, allowing it to offer and support trading of over 100 digital assets in the region. The UAE's cryptocurrency market is projected to generate $395 billion by 2030.

Abu Dhabi, United Arab Emirates — BurjX, a UAE-born digital asset trading platform, has officially secured its Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi. This landmark achievement allows BurjX to offer and support trading of over 100 digital assets, setting a new standard for market access, regulatory depth, and product breadth in the region [1].

The UAE's cryptocurrency market is projected to generate US$395.9 million in revenue in 2025, with the user base expected to reach 3.88 million by 2026 [1]. With nearly one-third of the population set to own crypto within the next year, the UAE ranks among the highest adoption rates globally.

BurjX, co-founded by Omar Abbas and Adam Ferris, aims to build a platform that reflects the future of the region: regulated, trusted, and globally competitive. The platform's launch validates the strength of its infrastructure, the caliber of its team, and its ambition to position BurjX as a global player from day one [1].

As part of its governance framework, BurjX has appointed Dr. Ryan Lemand to its Board. A former Binance board member and ex-Head of Risk at UAE's Securities and Commodities Authority (SCA), he brings deep expertise in regulation, digital assets, and institutional finance [1].

BurjX makes it easy for users to go from dirhams to digital assets in seconds. Integrated with UAE banking rails through Zand Bank, users can instantly fund their accounts in AED and trade over 100 tokens within seconds, all under the oversight of ADGM's world-leading virtual asset framework [1].

The platform offers institutional-grade custody, combining the strength of ADGM's virtual asset regime with the speed of institutional-grade infrastructure. Built on NASDAQ-grade systems that process over 1 million transactions per second and secured by Fireblocks' MPC wallet technology, BurjX offers fast execution, deep liquidity, and secure custody on a single, unified platform [1].

For family offices, institutions, and high-net-worth clients seeking a more bespoke experience, BurjX has launched its Private Client Division, delivering white-glove OTC services, tailored execution, dedicated relationship coverage, and access to one of the most extensive digital asset offerings in the region [1].

With its launch now official, BurjX is entering a new phase of growth, focused on scaling across the UAE and the broader MENA region, while doubling down on its core pillars: security, simplicity, and regulatory strength [1].

References

[1] https://www.prnewswire.com/news-releases/burjx-secures-fsra-license-launches-adgm-regulated-trading-platform-with-100-digital-assets-302509498.html