Investor Relations · LSE: CHSS · Official FIDE Platform

Market Cap£4.2M Round€10M

600 Million
Chess Players.

One game. 600 million players. One official platform — World Chess PLC, exclusive commercial partner of FIDE, listed on the London Stock Exchange.

1M+Registered users

50%India-based

€10MGrowth round

2030FIDE contract

The Position

The Only
Official
Platform

FIDE — the International Chess Federation — governs the game for 200 member nations. World Chess is FIDE’s exclusive commercial partner through 2030: the only platform where players earn official ratings, titles, and compete in recognised tournaments online.

Chess.com has 200 million accounts. Zero FIDE ratings. The credential moat is structural and contractual — not replicable with capital alone.

Gukesh D became World Champion in December 2024, triggering a surge across India — 50% of our user base and growing fast.

“We operate the only official platform in a 600-million-player sport. The question isn’t whether chess will be commercialised — it’s who holds the rights.”

Ilya Merenzon · CEO, World Chess

India

50% of traffic

1.04M

Registered users

153+

DAZN markets

2030

FIDE contract

Key Figures

The Numbers

Registered Users

1M+

50% India-based

Paying Subscribers

9K+

Target: 3–5% conversion

Growth Round

€10M

Series A in execution

Global Chess Players

600M

350M in India alone

User Growth — Registered Users (Global)

CHSS Share Price — Indicative

Investment Case

6 reasons

FIDE
Monopoly

A Framework of Agreement grants exclusive commercial rights to FIDE’s global brand, ratings infrastructure, and title system through 2030. No competitor can replicate this — it requires FIDE’s consent.

Structural

India
Supercycle

350M Indian chess players. Gukesh D — a new World Champion. 50% of our user base already in India. Zero serious competition for official FIDE services in the world’s fastest-growing market.

Growth

Subscription
Engine

9,000+ paying subscribers from 1M+ registered users — 0.9% conversion. Improvement to 3–5% delivers 3–5× recurring revenue with near-zero marginal cost.

Revenue

World Series
of Chess

A branded competitive format modelled on Formula 1 — creating sponsorship, broadcast, and prize pool revenue streams entirely new to chess. DAZN distribution in 153+ markets.

New Revenue

AI Was Born
on a Board

Deep Blue. AlphaZero. Stockfish. Chess is the original AI testbed. World Chess sits at the intersection of the world’s oldest strategy game and its most powerful technology narrative.

Narrative

LSE
Listed

The only chess company on a major stock exchange. Institutional-grade governance, LSE Main Market listing, and a €10M growth round in execution. Participate with full regulatory transparency.

Governance

Regulatory News