A big aspect of Freedom24’s contributions to Cyprus is its unwavering support to the advancement of the sport of chess in the island. The company’s commitment to this cause has created significant opportunities for Cypriot chess players and positioned the island as a key player in the global chess community. Through strategic partnerships and event sponsorships, Freedom24 is helping nurture a new generation of chess talent

Key Partnerships & Events

The company has established a partnership with the Cyprus Chess Federation, with the common aim of helping Cypriot chess athletes progress and ushering in a golden era for the sport in the island. One of the most notable milestones in this partnership came in 2023, when Freedom24 co-organised the 4th round of the FIDE Women’s Grand Prix in Nicosia. This event marked a very important moment, as it became the first chess competition of this caliber to be held in Cyprus.

Additionally, Freedom24 played a key role in the organisation of the 2024 Cyprus Open and Closed Championships, further solidifying its commitment to promoting chess at both the professional and amateur levels. These events have not only garnered international attention but have also provided local players with valuable opportunities to compete on a global stage.

"We are honoured to support and nurture this wonderful sport through our partnership with the Cyprus Chess Federation, based on our shared vision, where competition is celebrated, and victories are achieved with open mind and strategic thinking. As part of our broader commitment to support sports, art and culture here in our home country of Cyprus, Freedom24 is proud to be part of this exciting tournament," stated the company’s Executive Director, Mr. Tiapkin.

Supporting the Cyprus Chess Federation and National Talent

The extent of Freedom24’s support of Cypriot chess surpasses event organisation. The company has made significant financial contributions to the Cyprus Chess Federation and serves as a sponsor for the Cypriot National Chess Team.

Global Reach and Impact on the Chess Community

Freedom24’s support of chess is not restricted within the Cypriot borders, as its parent company, Freedom Holding Corp, is also involved in major international chess events, including the FIDE World Rapid and Blitz Chess Championships, which took place in New York on December 26th 2024. Through such international initiatives, Freedom Holding Corp. is helping the growth of chess worldwide.