Freedom Holding Corp. is a General Partner of 2024 FIDE World Rapid & Blitz Championships

The 2024 FIDE World Rapid & Blitz Championships, one of the most prestigious chess events in the world, will debut in New York City’s financial district on December 26. This year, the historic tournament brings together the world’s top chess players on Wall Street, a symbolic location synonymous with strategy and risk, qualities that are present both in the game of chess and the world of finance.

Freedom Holding Corp. proudly serves as a general partner for this landmark event. The partnership underscores the shared values of both organizations - strategy, quick decision-making, and precision. Timur Turlov, CEO of Freedom Holding Corp., highlighted the alignment between the two disciplines: “I personally believe that Chess and Finance are very close to each other. That’s why we came up with the idea of a unique conference “The Wall Street Gambit”. Sometimes in business we need to see the bigger picture. Playing chess or business game - we have to be analytical and use strategic thinking.”

For the first time, a rest day on December 29 will feature "The Wall Street Gambit" conference, exploring intersections between chess, finance, and business. The conference will host keynote speeches from some of the most influential names in chess, finance and AI, who will explore the intellectual parallels between the worlds. D. Sculley, CEO of Kaggle, will deliver a keynote titled "Predicting in the Face of Incomplete Knowledge: Chess, Finance, and Other Challenges for AI." Kenneth Rogoff, economist and chess grandmaster, will speak on the topic "Chess, AI, and Economics.” One of the most exciting highlights will be the opportunity for VIP attendees to play blitz games against chess luminaries Magnus Carlsen, Viswanathan Anand or Fabiano Caruana.

These prestigious locations at the heart of Wall Street reflect the event’s global significance, blending the grandeur of New York's financial heritage with the intellectual rigor of chess. Emil Sutovsky, CEO of FIDE, remarked, “This is going to be a unique event in so many ways. Top chess grandmasters will gather at the financial heart of the world, and what fascinates me is the enormous concentration of the sharpest minds and the synergies that will be born. I'm very much looking forward to an event that has everything it takes to become a landmark, 'I-was-there' kind of gathering.”

As Turlov concludes, “for Freedom Holding Corp. and me personally our projects with FIDE are not just a sponsorship. It is a great team-work and a true partnership aimed at developing of this great game all over the world.” This partnership with FIDE highlights Freedom Holding Corp.’s commitment to promoting excellence and innovation, both in chess and financial services.

* This publication is for informational purposes only and does not constitute financial advice.