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BlackRock Becomes the Second-Largest Shareholder of Freedom Holding Corp.

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Freedom Holding Corp. (NASDAQ: FRHC) announced that BlackRock, Inc. has significantly increased its stake in the company to 0.85%, with an investment of approximately $89 million. BlackRock has become FRHC's second-largest shareholder after acquiring an additional 443,965 shares, bringing its total holding to 520,565 shares.

The investment positions BlackRock as the second-largest shareholder after founder and CEO Timur Turlov. Other notable institutional investors include State Street Corp., Grace Partners of DuPage L.P., and Geode Capital Management. BlackRock, managing over $12.5 trillion in assets, is known for its iShares ETFs and Aladdin technology platform.

Freedom Holding Corp. (NASDAQ: FRHC) ha comunicato che BlackRock, Inc. ha incrementato significativamente la propria partecipazione nella società, portandola allo 0,85% con un investimento di circa 89 milioni di dollari. BlackRock è diventata il secondo azionista di FRHC dopo aver acquisito ulteriori 443.965 azioni, per un totale di 520.565 azioni.

L’investimento rende BlackRock il secondo azionista dopo il fondatore e CEO Timur Turlov. Tra gli altri investitori istituzionali di rilievo figurano State Street Corp., Grace Partners of DuPage L.P. e Geode Capital Management. BlackRock, che gestisce oltre 12,5 trilioni di dollari in attività, è nota per gli ETF iShares e la piattaforma tecnologica Aladdin.

Freedom Holding Corp. (NASDAQ: FRHC) anunció que BlackRock, Inc. ha aumentado significativamente su participación en la compañía hasta el 0,85%, con una inversión de aproximadamente 89 millones de dólares. BlackRock se ha convertido en el segundo mayor accionista de FRHC tras adquirir 443.965 acciones adicionales, elevando su tenencia total a 520.565 acciones.

La inversión sitúa a BlackRock como el segundo accionista tras el fundador y CEO Timur Turlov. Otros inversores institucionales destacados incluyen State Street Corp., Grace Partners of DuPage L.P. y Geode Capital Management. BlackRock, que gestiona más de 12,5 billones de dólares en activos, es conocida por sus ETFs iShares y la plataforma tecnológica Aladdin.

Freedom Holding Corp. (NASDAQ: FRHC)BlackRock, Inc.가 회사 지분을 크게 늘려 0.85%를 보유하게 되었으며, 투자액은 약 8,900만 달러라고 발표했습니다. BlackRock은 추가로 443,965주를 매입해 총 520,565주를 보유하게 되면서 FRHC의 두 번째 대주주가 되었습니다.

이번 투자는 BlackRock을 창립자 겸 CEO인 Timur Turlov에 이어 두 번째로 큰 주주로 자리매김하게 합니다. 기타 주요 기관 투자자로는 State Street Corp., Grace Partners of DuPage L.P., Geode Capital Management 등이 있습니다. BlackRock은 약 12.5조 달러 이상의 자산을 운용하며 iShares ETF와 Aladdin 기술 플랫폼으로 잘 알려져 있습니다.

Freedom Holding Corp. (NASDAQ: FRHC) a annoncé que BlackRock, Inc. a considérablement augmenté sa participation dans la société, la portant à 0,85% avec un investissement d'environ 89 millions de dollars. BlackRock est devenu le deuxième actionnaire de FRHC après avoir acquis 443 965 actions supplémentaires, portant son total à 520 565 actions.

Cet investissement place BlackRock en second actionnaire derrière le fondateur et PDG Timur Turlov. Parmi les autres investisseurs institutionnels notables figurent State Street Corp., Grace Partners of DuPage L.P. et Geode Capital Management. BlackRock, qui gère plus de 12,5 000 milliards de dollars d'actifs, est reconnu pour ses ETF iShares et la plateforme technologique Aladdin.

Freedom Holding Corp. (NASDAQ: FRHC) gab bekannt, dass BlackRock, Inc. seinen Anteil am Unternehmen deutlich auf 0,85% erhöht hat, mit einer Investition von rund 89 Millionen US-Dollar. BlackRock ist nach dem Zukauf von weiteren 443.965 Aktien zum zweitgrößten Aktionär von FRHC geworden und hält nun insgesamt 520.565 Aktien.

Die Investition macht BlackRock zum zweitgrößten Anteilseigner hinter dem Gründer und CEO Timur Turlov. Weitere bedeutende institutionelle Investoren sind State Street Corp., Grace Partners of DuPage L.P. und Geode Capital Management. BlackRock, das über 12,5 Billionen US-Dollar an Vermögenswerten verwaltet, ist bekannt für seine iShares-ETFs und die Technologieplattform Aladdin.

Positive
  • BlackRock's significant $89 million investment demonstrates confidence in FRHC
  • Increased institutional investor presence strengthens FRHC's market credibility
  • Strategic positioning as second-largest shareholder indicates long-term commitment
Negative
  • Founder/CEO maintains majority control, limiting institutional investor influence

NEW YORK, Aug. 31, 2025 /PRNewswire/ -- Freedom Holding Corp. (NASDAQ: FRHC), a global financial services and technology company, announced that the world's largest investment company, BlackRock, Inc., has increased its stake in the company to 0.85%, investing about $89 million. BlackRock has become the company's second-largest shareholder by shares, following its founder and CEO, entrepreneur Timur Turlov.

According to Bloomberg, during the latest reporting period, BlackRock acquired an additional 443,965 shares, bringing its total stake to 520,565 shares.

Alongside BlackRock, other international institutional investors in Freedom Holding include State Street Corp., Grace Partners of DuPage L.P., and Geode Capital Management.

"We welcome the growing interest from global institutional investors. The presence of partners such as BlackRock confirms the resilience of our business and the strategic potential of Freedom Holding in international markets," said Timur Turlov, founder and CEO of Freedom Holding Corp.

BlackRock, Inc. was founded in 1988 in New York. As of 2025, BlackRock manages more than $12.5 trillion in assets. The company is best known for its iShares ETFs and its Aladdin technology platform.

About Freedom Holding Corp.

Freedom Holding Corp. provides financial services in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The company's principal executive office is located in New York City. In Kazakhstan, Freedom is actively developing its financial and digital ecosystem, which includes Freedom Bank, Freedom Broker, the insurance companies Freedom Life and Freedom Insurance, as well as a lifestyle segment featuring Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding Corp. shares are traded on the U.S. technology exchange NASDAQ, the Kazakhstan Stock Exchange (KASE), and the Astana International Exchange (AIX) under the ticker symbol FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC). 

Contact
Public Relations
Natalia Kharlashina
Freedom Holding Corp.
prglobal@ffin.kz
+7 701 364 1454

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SOURCE Freedom Holding Corp.

FAQ

What percentage stake does BlackRock own in Freedom Holding Corp (FRHC)?

BlackRock owns a 0.85% stake in Freedom Holding Corp, representing approximately 520,565 shares worth about $89 million.

Who are the largest shareholders of Freedom Holding Corp (FRHC)?

The largest shareholder is founder and CEO Timur Turlov, followed by BlackRock as the second-largest shareholder. Other institutional investors include State Street Corp., Grace Partners of DuPage L.P., and Geode Capital Management.

How many additional shares of FRHC did BlackRock acquire in their latest investment?

BlackRock acquired an additional 443,965 shares during the latest reporting period, bringing their total holding to 520,565 shares.

What is the significance of BlackRock's investment in Freedom Holding Corp?

BlackRock's investment demonstrates confidence in FRHC's business resilience and strategic potential in international markets, while also enhancing the company's institutional investor presence.

How much does BlackRock manage in total assets as of 2025?

As of 2025, BlackRock manages more than $12.5 trillion in assets and is known for its iShares ETFs and Aladdin technology platform.
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