Freedom Holding Corp. launched a new currency — Freedom

Freedom Currency is a security that can be received as cashback, purchased online, sold, transferred, saved, and more. Previously, when making purchases, each customer received cashback, bonuses, or other incentives from the bank, but now, by making transactions with the card, one can become a shareholder of the Freedom holding company.

Another way to receive cashback is by paying through Freedom Pay terminals, which primarily serve small and medium-sized businesses. To use this service, you need to apply for a Freedom Bank card. For certain categories of goods and services, increased cashback is available. These include airline tickets, tickets for cultural events, and internet payments.

These shares are tied to the value of the FRHC security on Nasdaq and may change with fluctuations in its price. In the future, holders of Freedom Currency, who become shareholders of the holding company through it, will be able to receive dividends on par with other owners.

The new Freedom currency is integrated into the recently launched Freedom Bank mobile application — Freedom SuperApp. Each user automatically has their own account in it, and its current status is displayed on the main screen of the application.

Source: kursiv.media