One of the most popular and prestigious chess tournaments held by the International Chess Federation (FIDE), the World Rapid & Blitz, will be held in North America for the first time ever. The championship, attracting 300 of the best players from around the world, will take place in New York City’s financial district on December 26-31, 2024.

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. Freedom Holding Corp. (NASDAQ: FRHC), a multi-national diversified financial services holding company is the title sponsor for the championship.

This year’s event introduces a thrilling twist: a knockout stage in the later rounds, making it even more challenging for the players. This new format raises the stakes, ensuring dramatic finishes and keeping players and fans on edge until the final move.

For the first time ever, there will be a day without competitive play, which will be used to host a Conference on Chess and Finance, bringing together chess legends and financial leaders to explore the fascinating intersections between the two worlds. Fans wishing to experience the event in person can now purchase tickets, available at: https://tickets.fide.com/

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