Freedom Holding Corp. proudly sponsored the 2024 FIDE World Blitz Championship, a prestigious chess tournament held at Cipriani Wall Street in New York City on January 9, 2025. The event showcased thrilling matches among top Grandmasters, highlighting the connection between chess and innovation. Magnus Carlsen and Ian Nepomniachtchi shared the Open title after a dramatic tie-break, while Ju Wenjun secured the Women’s Blitz Championship title, defeating Lei Tingjie. Celebrating FIDE’s centennial, the tournament, meticulously planned over two years, incorporated both classic and modern chess elements.
Chess and Business Synergy
The World Blitz Championship transcended a sporting event, serving as a platform for strategic thinking and business discussions, further enhanced by the concurrent Wall Street Gambit Conference.
Freedom Holding Corp. CEO Timur Turlov stated:
“Chess is a universally understood language, transcending cultures and demonstrating the importance of shared values in an increasingly interconnected world.”
Turlov emphasized the importance of trust in both chess and business: “Trust, like the king in chess, underpins our ecosystem. Without it, everything crumbles.”
“Chess cultivates strategy, trust, and resilience—essential qualities in business and life. Supporting this significant event aligns with our mission of fostering global growth and innovation,” he added.
A Memorable Tournament
The Open section culminated in a captivating seven-game tie-break between Magnus Carlsen and Ian Nepomniachtchi. Despite exhaustion, both players displayed exceptional sportsmanship by agreeing to share the championship title, a decision endorsed by FIDE President Arkady Dvorkovich.
In the Women’s section, Ju Wenjun’s triumph over Lei Tingjie resulted in an all-Chinese final. “This tournament was both challenging and exhilarating,” Ju commented, reflecting the event’s spirit of resilience and skill.
FIDE President’s Comments
Arkady Dvorkovich, FIDE President, highlighted the tournament’s global reach and innovative aspects, stating: “This championship showcased chess’s global appeal, explored new ways to enhance the game’s excitement, and will inspire new players. We are deeply grateful to Freedom Holding Corp. for their invaluable support.”
Future Outlook
Chess’s growing popularity, exemplified by the 2024 FIDE World Blitz Championship, underscores its ability to unite diverse individuals and cultures.
Timur Turlov noted: “Such events promote not just intellectual prowess, but also a global culture of strategic thinking and innovation. Freedom Holding Corp. remains committed to supporting excellence, both in chess and other fields. This tournament reflects shared values of strategy, resilience, and global collaboration—principles central to both chess and business.”
About Freedom Holding Corp.
Freedom Holding Corp. is an international financial and investment services group specializing in capital markets, asset management, and brokerage services. Committed to innovation and growth, the company strives to build meaningful connections across industries and communities.
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Natalia Kharlashina
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FREEDOM HOLDING CORP.
Source :FREEDOM HOLDING CORP.