21st July 2025, Abu Dhabi, United Arab Emirates
BurjX is the UAE’s digital asset trading platform. It has received its Financial Services Permission (FSRA), the International Financial Centre of Abu Dhabi Capital, from the Financial Services Regulatory Authority of ADGM.
BurjX has achieved a milestone by becoming a fully-regulated digital asset trading platform. It now offers and supports the trading of more than 100 digital assets. This sets a standard in terms of market access, product range, regulatory depth and breadth.
By 2026, the UAE cryptocurrency market will generate revenues of US$395,9 million.
The UAE has one of the world’s highest crypto adoption rates, with nearly a third of its population expected to have their own cryptocurrency within the year. BurjX sets the standard for what can be achieved by a homegrown, regulated platform.
The UAE’s founders are leading a mission born in the UAE.
Omar Abbas is the Co-Founder, CEO and Founder of BurjX. He previously founded NDAX in Canada, the leading cryptocurrency exchange. Securing our FSRA licence and launching 100+ assets are proof that you can achieve great things when you start from scratch. This is not just another platform imported into the UAE. “We’re an indigenous platform, designed here to be global.” Adam Ferris is the Co-Founder, Chairman and a Harvard JD/MBA grad who has held important roles in Goldman Sachs. This launch confirms our strong infrastructure, our high-calibre team and our desire to make BurjX a global leader from the very first day .”
BurjX appointed Dr. Ryan Lemand as part of the governance framework. Former Binance Board Member and former Head of Risk for UAE Securities and Commodities Authority, he has deep experience in regulatory, institutional finance, and digital assets.
Instant On-Ramps for AED and 100+ tokens powered by Zand
BurjX allows you to convert dirhams into digital assets within seconds. Users can fund their account in AED instantly and then trade more than 100 tokens, under the supervision of ADGM’s leading virtual asset framework. BurjX is one of the first fiat-to crypto bridges in the Middle East. It offers a frictionless, secure and seamless access to digital marketplaces.
Institutional Grade, Regulated Custody
BurjX is one of only a few platforms licensed in the Middle East for brokerage as well as custody. It combines ADGM’s virtual assets regime with institutional infrastructure. BurjX is built on NASDAQ systems capable of processing over one million transactions every second. It also uses Fireblocks MPC wallets to provide secure custody and fast execution. Every transaction, whether it’s for first-time investors or institutions, is protected by robust regulation, multi-layer governance and comprehensive insurance.
New Standards in Private Wealth
BurjX’s Private Client Division offers a bespoke service for family offices, high net worth clients, and institutions. It provides white-glove OTC, tailored execution, relationship-focused coverage, as well as access to the largest digital asset offering in the Middle East. It is designed for sophisticated investors and allows them to create diversified, high conviction portfolios, with confidence, clarity, and control.
What Next for BurjX
BurjX’s launch is now officially official. It will enter a new growth phase, focusing on scaling in the UAE, MENA, and doubling down its three core pillars of security, simplicity and regulatory strength. BurjX, with its growing adoption among retail users and demand for private wealth from clients, is poised to become the Middle East’s on-ramp into the global crypto industry.
BurjX
BurjX, a digital asset broker and custodian based in the UAE, is fully licensed by ADGM’s Financial Services Regulatory Authority, Abu Dhabi’s international financial center. BurjX was founded by Adam Ferris and Omar Abbas. Adam is a Harvard MBA/JD and former Goldman Sachs employee. BurjX provides institutional grade trading, custody and seamless AED access and exit ramps. BurjX, built for performance and trust, is changing the way digital assets are traded in the Middle East. It also sets a benchmark for home-grown, regulated innovation.
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Janis D’souza, Global Head of marketing at Burjx.com
The content of this post BurjX Secures FSRA License and Launches ADGM Regulated Trading Platform With 100+ Digital Assets is subject to change as new information becomes available.
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