Connect with us

World

Freedom Holding Backs $1.5M World Chess Championship, Magnus Carlsen Defends Title in NYC

Published

7 hours ago

on

Freedom Holding Backs .5M World Chess Championship, Magnus Carlsen Defends Title in NYC





Freedom Holding Corp. (NASDAQ: FRHC) is sponsoring the 2024 FIDE World Rapid & Blitz Chess Championship in New York City from December 26-31. The tournament will feature approximately 300 elite chess players competing for a prize fund of nearly $1.5 million. The event includes 180 players in the open competition and 109 in the Women’s tournament.

World’s top-rated player Magnus Carlsen will defend his titles in both formats. The tournament introduces a new knockout stage and will feature prominent players including U.S. champion Fabiano Caruana and Women’s World Champion Ju Wenjun. A special event, The Wall Street Gambit, will be held on December 29, bringing together chess legends and financial leaders.

Freedom Holding Corp. (NASDAQ: FRHC) è lo sponsor del Campionato Mondiale di Scacchi Rapidi e Blitz FIDE 2024 che si terrà a New York City dal 26 al 31 dicembre. Il torneo vedrà circa 300 scacchisti d’élite competere per un montepremi di quasi 1,5 milioni di dollari. L’evento comprende 180 partecipanti nella competizione aperta e 109 nel torneo femminile.

Il giocatore con il punteggio più alto al mondo, Magnus Carlsen, difenderà i suoi titoli in entrambi i formati. Il torneo introduce una nuova fase ad eliminazione diretta e vedrà la partecipazione di giocatori di spicco, tra cui il campione statunitense Fabiano Caruana e la Campionessa del Mondo Femminile Ju Wenjun. Un evento speciale, The Wall Street Gambit, si svolgerà il 29 dicembre, riunendo leggende degli scacchi e leader finanziari.

Freedom Holding Corp. (NASDAQ: FRHC) es el patrocinador del Campeonato Mundial de Ajedrez Rápido y Blitz FIDE 2024 que se celebrará en la ciudad de Nueva York del 26 al 31 de diciembre. El torneo contará con aproximadamente 300 ajedrecistas de élite compitiendo por un fondo de premios de casi 1.5 millones de dólares. El evento incluye 180 jugadores en la competencia abierta y 109 en el torneo femenino.

El jugador mejor clasificado del mundo, Magnus Carlsen, defenderá sus títulos en ambos formatos. El torneo introduce una nueva etapa de eliminación y contará con jugadores destacados como el campeón estadounidense Fabiano Caruana y la Campeona del Mundo Femenina Ju Wenjun. Se celebrará un evento especial, The Wall Street Gambit, el 29 de diciembre, que reunirá a leyendas del ajedrez y líderes financieros.

Freedom Holding Corp. (NASDAQ: FRHC)는 2024 FIDE 세계 신속 및 블리츠 체스 챔피언십을 12월 26일부터 31일까지 뉴욕에서 후원합니다. 이 토너먼트에서는 약 300명의 엘리트 체스 선수들이 거의 150만 달러에 달하는 상금 풀을 놓고 경쟁할 것입니다. 이 이벤트는 오픈 대회에 180명의 선수, 여성 토너먼트에 109명의 선수가 참가합니다.

세계 최고의 랭킹 선수인 망누스 카르센은 두 형식 모두에서 자신의 타이틀을 방어할 것입니다. 이 토너먼트는 새로운 녹아웃 단계를 도입하며, 미국 챔피언 파비아노 카루아나와 여성 세계 챔피언 주 웬준을 포함한 저명한 선수들이 참가합니다. 12월 29일에는 체스 전설들과 금융 리더들이 모이는 특별 이벤트인 The Wall Street Gambit가 개최됩니다.

Freedom Holding Corp. (NASDAQ: FRHC) est le sponsor du Championnat du Monde de Rapid et Blitz FIDE 2024 qui se déroulera à New York du 26 au 31 décembre. Le tournoi mettra en vedette environ 300 joueurs d’échecs d’élite s’affrontant pour un prize pool de près de 1,5 million de dollars. L’événement comprendra 180 joueurs dans la compétition ouverte et 109 dans le tournoi féminin.

Le joueur le mieux classé au monde, Magnus Carlsen, défendra ses titres dans les deux formats. Le tournoi introduit une nouvelle phase à élimination directe et mettra en avant des joueurs de renom, notamment le champion américain Fabiano Caruana et la championne du monde féminine Ju Wenjun. Un événement spécial, The Wall Street Gambit, sera organisé le 29 décembre, rassemblant des légendes des échecs et des leaders financiers.

Freedom Holding Corp. (NASDAQ: FRHC) sponsert die FIDE Weltmeisterschaft im Schnell- und Blitzschach 2024, die vom 26. bis 31. Dezember in New York City stattfindet. Das Turnier wird etwa 300 Elite-Schachspieler umfassen, die um einen Preisfonds von fast 1,5 Millionen Dollar kämpfen. Die Veranstaltung umfasst 180 Teilnehmer im offenen Wettbewerb und 109 im Frauenturnier.

Der weltweit bestbewertete Spieler, Magnus Carlsen, wird in beiden Formaten seine Titel verteidigen. Das Turnier führt eine neue K.o.-Runde ein und wird prominente Spieler wie den US-Meister Fabiano Caruana und die Frauen-Weltmeisterin Ju Wenjun präsentieren. Am 29. Dezember findet eine besondere Veranstaltung, The Wall Street Gambit, statt, bei der Schachlegenden und Finanzführer zusammenkommen.

Positive


  • Significant brand exposure through sponsorship of major international chess event


  • Strategic positioning in New York’s financial district, aligning with company’s financial services focus


  • Association with prestigious global sporting event reaching diverse international audience












Approximately 300 elite chess players from around the world have registered for the upcoming world tournament in New York City.

NEW YORK–(BUSINESS WIRE)–
This holiday season, New York City’s financial district will transform into a battleground for the world’s greatest chess minds in the 2024 FIDE World Rapid & Blitz Chess Championship. The tournament, sponsored by Freedom Holding Corp. (NASDAQ: FRHC), will be held December 26-31 featuring fast-paced, high-stakes games and not the typical hours-long battles.

This six-day event will showcase elite chess players from every continent as they converge on the heart of Wall Street. A prize fund of nearly $1.5 million will be presented at the tournament. This year’s event debuts a thrilling knockout stage in the later rounds, elevating the competition by raising the stakes and ensuring dramatic finishes that will keep players and fans captivated until the final move.

The open competition has confirmed 180 players and 109 players in the Women’s tournament. The tournament includes the world’s top-rated player and former world champion in classical chess, Magnus Carlsen. As the top seed, Carlsen will aim to defend his titles in both the Rapid and Blitz formats.

Chess fans will also be able to see three former World Championship Challengers in action – current U.S. champion Fabiano Caruana, Ian Nepomniachtchi from Moscow, and Israeli Grandmaster Boris Gelfand.

The U.S. chess elite is taking advantage of playing on home turf as many top Grandmasters have registered, including Hikaru Nakamura, Wesley So, Levon Aronian, Jeffrey Xiong, Leinier Domignuez Perez, Hans Niemann, Sam Shankland, and others.

The stellar lineup also includes the strongest players from the biggest chess nations in the world, such as India, China, Ukraine, France, Uzbekistan, and others.

In the Women’s competition, current World Champion in classical chess Ju Wenjun leads the field. She is joined by four former world champions Tan Zhongyi, Mariya Muzychuk, Alexandra Kosteniuk, and Zhu Chen.

Representing the U.S. are the nation’s current women’s champion Carissa Yip, as well as former U.S. women’s champions Irina Krush and Jennifer Yu.

Other prominent contenders for the top places will also be there, including Kateryna Lagno, Humpy Koneru, Harika Dronavalli, Nana Dzagnidze and Bibisara Assaubayeva.

For the first time ever, there will be a day without competitive play, which will be used to host The Wall Street Gambit on December 29, bringing together chess legends and financial leaders to explore the fascinating intersections between the two worlds.

The full list of participants in both the Rapid and the Blitz can be found here.

Tickets for both the Rapid and the Blitz as well as for the Wall Street Gambit Conference are available here.

About FIDE

The International Chess Federation (FIDE) is the governing body of the sport of chess, and it regulates all international chess competitions. Constituted as a non-governmental institution, it was recognized by the International Olympic Committee as a Global Sporting Organization in 1999. FIDE currently has its headquarters in Lausanne, but it was initially founded in 1924 in Paris under the motto “Gens una Sumus” (Latin for “We are one Family”). It was one of the very first International Sports Federations, alongside the governing bodies of the sports of football, cricket, swimming, and auto racing. It is now one of the largest, encompassing 201 countries as affiliate members, in the form of National Chess Federations. Chess is nowadays a truly global sport, with dozens of millions of players in all the continents, and more than 60 million games on average played every day.

To learn more about FIDE, visit: https://www.fide.com/

About Freedom Holding Corp.

Freedom Holding Corp., a Nevada corporation, is a diversified financial services holding company conducting retail securities brokerage, investment research, investment counseling, securities trading, investment banking and underwriting services, mortgages, insurance, and consumer banking through its subsidiaries, operating under the name Freedom Finance in Europe and Central Asia, and Freedom Capital Markets in the United States. Through its subsidiaries, Freedom Holding Corp. employs more than 7,600 people and is a professional participant in the Kazakhstan Stock Exchange, the Astana International Exchange, the Republican Stock Exchange of Tashkent, and the Uzbek Republican Currency Exchange and is a member of the New York Stock Exchange and the Nasdaq Stock Exchange.

Freedom Holding Corp.’s common shares are registered with the United States Securities and Exchange Commission and are traded under the symbol FRHC on the Nasdaq Capital Market, operated by Nasdaq, Inc. The Company has its main market of operations in Kazakhstan and has operations through its subsidiaries in 22 countries.

To learn more about Freedom Holding Corp., visit: https://www.freedomholdingcorp.com/

Media

Al Palombo (US)

Global Communications Chief

Freedom US Markets

+1 212-980-4400, Ext. 1013

apalombo@freedomusmkts.com

Anna Volkova (RUS)

Public Relations Director

FIDE

Anna.volkova@fide.com

Source: Freedom Holding Corp.








FAQ



When and where is the 2024 FIDE World Rapid & Blitz Chess Championship sponsored by FRHC taking place?


The championship is taking place in New York City’s financial district from December 26-31, 2024.


What is the total prize fund for the FRHC-sponsored chess championship?


The prize fund for the tournament is nearly $1.5 million.


How many players are participating in the FRHC-sponsored chess championship?


Approximately 300 players are participating, with 180 in the open competition and 109 in the Women’s tournament.


What is The Wall Street Gambit event associated with FRHC’s chess championship?


The Wall Street Gambit is a special event on December 29 that brings together chess legends and financial leaders to explore intersections between chess and finance.


What new format change has been introduced in the FRHC-sponsored chess championship?


The tournament introduces a new knockout stage in the later rounds to raise stakes and ensure dramatic finishes.





Related Topics:
Continue Reading