CertiK Deepens UAE Security Push After $8M in Crypto Losses

1 hour ago 2 sources neutral

Key takeaways:

  • UAE crypto losses near $8M signal compliance demand, favoring exchanges with verified reserves.
  • Persistent underreporting suggests UAE risk is higher, so investors should demand audited security disclosures.
  • Institutional hesitation despite regulation means trust, not licensing, remains crypto's near-term adoption bottleneck.

Blockchain security firm CertiK is expanding its UAE footprint with new partnerships and a growing Dubai-based team, as its latest research documents approximately $8.02 million in losses across four UAE-linked digital asset security incidents in 2026. The company says it identified five incidents involving entities registered in the UAE or originating in the country, though the loss tied to the fifth remains unconfirmed.

CertiK cautioned that reporting and attribution gaps may mean the real number of incidents and total losses are significantly higher. The expansion includes work with Abu Dhabi’s Hub71 and Gate Dubai, alongside engineering and business development staff in Dubai, focusing on security, compliance, and operational resilience for digital asset businesses.

As an official Hub71 vendor, CertiK offers eligible startups based in Abu Dhabi Global Market discounted security services and free access to CertiK Compliance, aimed at easing licensing preparation and ongoing compliance. In March 2026, CertiK completed an independent Proof of Reserves verification for VARA-licensed exchange Gate Dubai, confirming at least 100% reserve coverage across 10 digital assets as of December 31, 2025.

During the 2026 Dubai FinTech Summit, CertiK hosted a media briefing titled “The Trillion-Dollar Trust Gap: Why Institutional Finance Still Hesitates on Digital Assets.” Chief Business Officer Jason Jiang said institutions are making progress bringing digital assets into financial services, but “regulatory approval is only the starting point,” and protecting customer assets at scale requires continuous security and compliance.

CertiK says the UAE push reflects its broader effort to support trust and risk management globally. The company, founded in 2017, says it has protected more than $600 billion in digital assets across over 150 countries and operates under SOC 2 Type II and ISO 27001 standards.

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