The Israeli-founded company is best known for its $17,000 secure smartphone for high-end clients, and signing soccer star Leo Messi as a brand ambassador.

The Israeli-founded company's blockchain-based smartphone, to be released in November, will be financed with an in initial coin offering.

The Chinese multinational telecommunications company is in talks with the Israeli-founded startup to license its SirinOS operating system for blockchain-based smartphone but no agreement has yet been signed.