Freedom Holding Corp. Founder Timur Turlov is exploring issuing $300–$500 million in bonds to U.S. investors to fund an aggressive business expansion focused on an infrastructure pivot toward AI and cloud services.
- The capital will specifically target development in telecom infrastructure and high-capacity data centers.
- The company aims to sell cloud computing power to major technology companies, including Amazon and Microsoft.
- Turlov noted the necessity of this long-term project, even if it requires paying a premium to establish a reputation with U.S. bond investors.