iQSTEL (OTCQX: IQST), a rapidly growing global telecommunications firm diversifying into an expanding array of innovative products and services through its four operating divisions has begun the process to dual list its shares on Upstream. A revolutionary trading app for digital securities and NFTs, Upstream is powered by Horizon Fintex and MERJ Exchange Limited. iQSTEL expects the dual listing to provide access to a global, digital-first investor base with potential investors being able to trade using an array of means, including USDC digital currency, credit, debit, PayPal and USD, allowing greater liquidity and enhanced price discovery. Other benefits of listing on Upstream include no short selling, a global audience, transfer agent integration, Web3 technology, FDIC insurance, streamlined on/off ramps and full sovereign exchange. “We encourage shareholders to learn more about Upstream in order to fully appreciate the value of iQSTEL’s dual listing on Upstream,” said iQSTEL Leandro Iglesias in the press release. “We believe the dual listing will build shareholder value and liquidity by making iQSTEL investment available to a broader range of global investors trading with a broader range of investment tools to include USDC digital currency, credit, debit, PayPal, and USD. These tools will also be available to existing iQSTEL shareholders that signup for an Upstream account. We furthermore believe the experience gained through Upstream application process will contribute to our intended future up-listing to NASDAQ.”
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About iQSTEL Inc.
iQSTEL is a US-based publicly listed company holding an Independent board of directors and audit committee with a presence in 19 countries and 70 employees offering leading-edge services through its four business lines. The telecom division, which represents the majority of current operations, offers VoIP (“VoIP”), SMS (“SMS”), proprietary Internet of Things (“IoT”) solutions, and international fiber-optic connectivity through its subsidiaries, including Etelix, SwissLink, Smartbiz, Whisl, IoT Labs and QGlobal SMS. The fintech business line offers a complete fintech ecosystem including MasterCard debit card, U.S. bank account and mobile app/wallet. iQSTEL’s fintech subsidiary, Global Money One, is to provide immigrants access to reliable financial services that make it easier to manage their money and stay connected with their families back home. The blockchain platform business line offers proprietary mobile number portability application (“MNPA”) to serve the in-country portability needs through its subsidiary, itsBchain. The electric vehicle business line offers electric motorcycles to work and have fun in the United States, Spain, Portugal, Panama, Colombia and Venezuela. EVOSS is also working on the development of an EV mid-speed car to serve the niche of the second car in the family. For more information about the company, please visit www.iQSTEL.com.
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