#Abu Dhabi #United Arab Emirates #Digital Assets #BurjX #FSRA

BurjX Launches a Regulated Trading Platform in Abu Dhabi

BurjX, a pioneering digital asset trading platform born in the UAE, has made a significant leap by securing its Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This landmark achievement signals the platform's entry into the highly regulated world of digital asset trading, enabling it to offer a robust selection of over 100 digital assets.

In an era where trust and regulation are paramount, BurjX aims to set a new standard for market access and innovation in the region. Co-founders Omar Abbas and Adam Ferris, each with a wealth of expertise in the financial sector, have positioned the platform to redefine the landscape of digital trading, not just in the UAE but on a global scale.

A Vision Embodied by Innovation

Omar Abbas, previously co-founder of Canada's leading crypto exchange NDAX, is passionate about building a platform that reflects the progressive future of the UAE. He stated, "By securing our FSRA license and launching with over 100 assets, we prove that innovation can thrive when built from the ground up. Our platform is not another imported service; it is homegrown and tailored to meet the expectations of our community."

Adam Ferris further elaborated on the significance of this launch, emphasizing the technical execution and regulatory adherence that BurjX embodies. A Harvard JD/MBA graduate and former Goldman Sachs executive, Ferris noted, "Witnessing a startup achieve this level of robustness and regulatory compliance is rare, and it highlights our team’s ambition to establish BurjX as a global player from its inception."

To bolster its governance framework, BurjX has appointed Dr. Ryan Lemand to its Board. With significant experience in regulatory matters and digital asset governance as a former Binance board member and ex-Head of Risk at the UAE's Securities and Commodities Authority, Dr. Lemand’s insights are invaluable as BurjX navigates the complexities of the digital asset landscape.

Seamless Trading Experience with Instant AED On-Ramps

A standout feature of BurjX is its integration with Zand Bank, facilitating instantaneous funding in AED. Users can convert dirhams to digital assets within seconds, bridging the gap between traditional and digital currencies. This integration underscores BurjX's commitment to creating a frictionless trading environment, making it easier for both novice and seasoned traders to navigate the digital markets securely.

The platform boasts institutional-grade custody, making it one of the few in the region licensed for both brokerage and custody services. Built on solid, NASDAQ-grade infrastructure that can efficiently handle over one million transactions per second, BurjX ensures fast execution and robust security for every asset traded. Customers can have peace of mind knowing their investments are protected with comprehensive insurance that covers both hot and cold wallets.

Tailored Solutions for Private Clients

Recognizing the diverse needs of family offices, high-net-worth individuals, and institutions, BurjX has launched a Private Client Division. This division offers bespoke services, including over-the-counter (OTC) trading, personalized execution, and dedicated account management. It is designed to empower sophisticated investors to manage their portfolios with clarity and strategy, fostering a deeper engagement with digital assets.

Future Aspirations with a Regional Focus

BurjX's official launch marks a new chapter in its growth journey, with plans to expand across the UAE and the broader MENA region. The founders are committed to reinforcing their core pillars of security, simplicity, and robust regulatory compliance. As more retail users embrace digital currencies and demand among institutional clients continues to grow, BurjX is determined to be the Middle East's gateway to the global crypto economy.

About BurjX

Founded in the heart of the UAE, BurjX is a fully licensed digital asset brokerage and custodian under the oversight of the Financial Services Regulatory Authority (FSRA). Its founders, Omar Abbas and Adam Ferris, have created a platform characterized by institutional-grade technology, seamless funding avenues, and a commitment to redefining how the region interacts with digital assets. BurjX not only provides a safe and compliant trading environment but is also pivotal in shaping the future of digital finance in the UAE and beyond.

For more details, please visit BurjX Official Site.