[1] Sixteen teams qualified for the tournament based on their result via 2021 VALORANT Masters: Stage 3, the regional Circuit Point standings in the year, and the regional Last Chance Qualifiers.

[2] Acend won the Valorant world championship after defeating Gambit Esports in the finals by a score of 3–2.

The winner of the Stage 3 Masters (Gambit Esports from EMEA) automatically qualified for the event, 11 teams from North America, EMEA, Brazil, Latin America, Japan, South Korea, and Southeast Asia qualified through circuit points, and four teams qualified through four "Last Chance Qualifiers", held in North America (included teams from Oceania), EMEA, South America (Brazil + Latin America) and Asia-Pacific (China, Japan, South Korea, South Asia and Southeast Asia) The group stage ran from December 1 to 7, 2022.

Games were held in a best-of-three series, and only the top two teams in each group qualified for the playoffs.

The teams from same group were on opposite sides of the bracket, meaning they could play each other until the Finals.