Freedom Holding received $89 million in investments from BlackRock

BlackRock, the largest investment company, increased its stake in Freedom Holding Corp. to 0.85%, investing approximately $89 million. As a result, it became the second-largest shareholder after the company's founder and CEO, Timur Turlov. In the last reporting period, BlackRock acquired an additional 443,965 shares, bringing its total holdings to 520,565 shares.

Among other major international investors in Freedom Holding are State Street Corp., Grace Partners of DuPage L.P., and Geode Capital Management. The involvement of such partners confirms the business's stability and its strategic potential in global markets.

BlackRock, founded in 1988 in New York, manages assets worth over $12.5 trillion and is known for its iShares ETF products and the Aladdin technology platform.

Freedom Holding Corp. is an international financial holding company whose shares are traded on NASDAQ, KASE, and AIX, with its business operations present in more than 20 countries, including Kazakhstan.

Source: ir.freedomholdingcorp.com