Freedom Holding Acquires ChessBase to Expand AI Integration and Ecosystem
Freedom Holding Corp. (FRHC) has acquired ChessBase, planning to invest EUR 5M to enhance the platform with AI and integrate it into its ecosystem. The move aims to modernize ChessBase's services and connect it to the company's SuperApp, reaching over 11 million clients. The acquisition is part of FRHC's broader strategy to expand its digital and financial services footprint.
Topics: acquisition artificial intelligence banking expansion technology investment