Fone Network News

Hello Everyone,

We are delighted to announce that Fone Network is moving to the next level.

If you have not seen the latest Livestream, the Founder and CEO Ivan Likov did a few days ago, we highly encourage you to watch it here: https://www.youtube.com/watch?v=m2q2CQ3vi_4

During recent travels to Dubai to establish a new partnership between Fone Network and 3TV Dubai, Ivan met with a Holding company that operates in the same domain as Fone, with technology, legal and advisory departments that specialize in structuring and administration.

After numerous meetings and countless hours spent, we have built trust and signed a Memorandum of Understanding (MOU) to partner together to bring Fone to new horizons. 

We are finalizing the structure and exploring the best way to proceed in accordance with the UAE regulatory and standards.

During this process, trading on Probit Global is paused. Since MEXC does not have a pausing practice, we have requested to be delisted, with the opportunity to list again after the process is complete.

This is a standard practice and typically takes between one and three months; however, we will strive to be ready as soon as possible.

The moment we gain access to the UAE regulatory requirements, we will have access to more liquidity and use cases, which will help us grow the project and expand our business with additional opportunities.

Stay tuned for more details and updates regarding the upgrade soon.

The Fone Network Team