Tallinn, Estonia, September 18th, 2025, Chainwire
In a significant development that highlights the burgeoning significance of cryptocurrency media platforms, AMBCrypto, a prominent news source in the cryptocurrency sector based in Estonia, has been acquired by an investment consortium from Dubai for a multi-million-dollar, seven-figure transaction.
Established in early 2018 by Jeevan Thomas and Himanshu Kumar with an initial investment of merely $150, AMBCrypto was conceived from a straightforward yet transformative notion: to render cryptocurrency news accessible, dependable, and devoid of technical jargon.
What commenced as a self-funded initiative in a modest apartment subsequently matured into a globally renowned news entity, attracting over 30 million readers annually, employing a 30-member team distributed across three nations, and forming syndication agreements with heavyweights such as CoinMarketCap, Binance, and Flipboard.
This acquisition represents the second successful exit for the founding pair, who previously divested their AI startup, Opentools—also co-founded by them—in 2024 for a six-figure amount. Similar to AMBCrypto, this venture was bootstrapped, developed, and sold entirely without external funding.
“We built AMBCrypto on the principles of relentless execution and an unwavering commitment to systemic growth,” stated co-founder Jeevan Thomas.
“From editorial integrity to strategic expansion, every facet of the organization was driven by robust foundational processes. This discipline enabled us to endure crypto downturns, navigate Google algorithm disruptions, and tackle regulatory challenges.”
Despite the organization’s remarkable growth and substantial profitability, the team decided to pursue an exit—not due to exhaustion, but rather in anticipation of a grander challenge.
“We have made an audacious wager on the future,” Himanshu Kumar asserted. “Our forthcoming venture will merge entertainment with cryptocurrency in an unprecedented manner within the industry. It’s a significant risk, yet it is within such uncertainty that true innovation thrives.”
From the brink of insolvency and technical challenges to establishing itself as a credible authority in crypto journalism, AMBCrypto’s evolution underscores the virtues of disciplined execution, resilience, and visionary thinking.
As the new proprietors gear up to further amplify the brand’s reach, the founding team is already immersed in developing what they envision as their most groundbreaking project to date.
Disclaimer: Chainwire is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Source link: Dlnews.com.
