CertiK expands partnerships in UAE amid $8.02 million security losses
CertiK is expanding its partnerships with UAE-based digital asset businesses and institutions, following research indicating approximately 8.02 million dollars in documented losses from four security incidents linked to the UAE in 2026. The company is enhancing its Dubai team to support security, compliance, and operational resilience. Eligible startups at Hub71 receive discounted security services and free access to CertiK Compliance. CertiK identified five incidents involving UAE-registered entities, with losses confirmed in four cases; the fifth incident's amount remains unverified. Gaps in incident reporting may mean the figures do not fully reflect security activity. CertiK's local engagement includes partnerships with Abu Dhabi's Hub71 and Gate Dubai, focusing on helping digital asset businesses navigate security and compliance as the UAE's financial sector develops its digital asset activities. In March 2026, CertiK completed a Proof of Reserves verification for Gate Dubai, confirming at least 100% reserve coverage across 10 digital assets as of December 31, 2025. These partnerships arise as institutions evaluate necessary safeguards for digital asset services. At the 2026 Dubai FinTech Summit, CertiK addressed barriers to institutional participation in digital assets, emphasizing the need for continuous security and compliance as operations scale.
-- Price
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