Freedom Holding (FRHC) Acquires ChessBase

2 days ago 3

Jeff Lewis

Sat, April 25, 2026 astatine 8:59 AM CDT 2 min read

Freedom Holding Corp. (NASDAQ:FRHC) is 1 of the 8 Best Holding Company Stocks to Invest In Now. On April 15, 2026, Freedom Holding Corp. (NASDAQ:FRHC) announced the acquisition of ChessBase, with plans to fortify the platform’s presumption done expanded usage of artificial quality and integration into the group’s ecosystem. The institution expects to put astir EUR 5M successful the project. Timur Turlov said ChessBase is an “exceptionally beardown brand” and aims to “make important advancement successful modernizing the service” portion enhancing functionality done AI and connecting it to the SuperApp, noting the level could scope the group’s much than 11 cardinal clients crossed implicit 20 countries. The institution said ChessBase volition stay headquartered successful Hamburg, with its halfway squad retained and nary occupation cuts planned, portion further hiring is expected arsenic the level develops. Last month, Freedom Holding Corp. (NASDAQ:FRHC) agreed to get 99.32% of Turkish Bank A.S. from Ozyol Holding and the National Bank of Kuwait, taxable to regulatory approvals successful Turkey. The transaction provides introduction into a banking marketplace serving astir 90 cardinal radical and is positioned arsenic portion of the group’s ecosystem enlargement successful the country. The woody covers lone Turkish Bank A.S., excluding operations successful the United Kingdom and Cyprus, and includes plans to put successful exertion upgrades, accelerate integer transformation, and grow offerings for retail and tiny and medium-sized concern customers.

Viavi Solutions (VIAV) Partners With Ground Control to Integrate Secure µPNT STL-1000 Receiver

Freedom Holding Corp. (NASDAQ:FRHC) provides brokerage, banking, investment, and security services done its subsidiaries. While we admit the imaginable of FRHC arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock. READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey connected Google News.