BlackRock Expands Stake in Freedom Holding Corp.
New York, August 31st, 2025 – BlackRock, Inc., the world’s largest investment management company, has recently increased its stake in Freedom Holding Corp. (NASDAQ: FRHC), a leading global financial services and technology company. The $89 million investment raises BlackRock’s total ownership to 0.85% of the company, securing its position as the second-largest shareholder, following the founder and CEO, Timur Turlov.
Key Highlights of BlackRock’s Investment
During the latest reporting period, BlackRock added 443,965 shares to its portfolio, bringing its total holdings to 520,565 shares. This strategic move underscores the confidence that BlackRock has in Freedom Holding’s business model and growth potential.
Other notable institutional investors include State Street Corp., Grace Partners of DuPage L.P., and Geode Capital Management, further cementing Freedom Holding Corp.’s standing in the global financial market.
What Freedom Holding Offers
Freedom Holding Corp. operates in 22 countries, including the United States, Kazakhstan, Poland, and Spain. Its impressive portfolio extends beyond financial services, incorporating a digital and lifestyle ecosystem. This ecosystem includes platforms like Arbuz.kz and Freedom Ticketon, as well as financial services like Freedom Bank and Freedom Broker.
Freedom Holding shares are listed on major exchanges, such as NASDAQ, Kazakhstan Stock Exchange (KASE), and Astana International Exchange (AIX). The company is also regulated by the U.S. Securities and Exchange Commission (SEC).
BlackRock’s Influence and Reputation
Founded in 1988 in New York, BlackRock manages over $12.5 trillion in assets as of 2025. Its renowned iShares ETFs and Aladdin technology platform have revolutionized the investment landscape.
The company’s investment in Freedom Holding is a vote of confidence in the latter’s strategic initiatives. “We welcome the growing interest from global institutional investors. BlackRock’s partnership validates the strength and resilience of our business,” said Timur Turlov, CEO of Freedom Holding Corp.
A Secure Investment for the Future
BlackRock’s increasing involvement signals opportunities for growth and innovation for Freedom Holding Corp. As the company continues to expand its reach and attract institutional investors, it solidifies its position as a leading player in the global financial market.
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