Early Riders Backs Aureo With $1.1M For Secure Bitcoin Custody In Latin America

Aureo, previously often called Swapido, has raised $1.1 million in pre-seed funding from Early Riders to develop a specialised Bitcoin platform focusing on high-net-worth people (HNWIs), household places of work and companies in Mexico and Latin America.

The funding, introduced on October 20, 2025, will help the creation of a ‘white glove’ service centered on safe Bitcoin transactions, custody and recommendation for institutional and long-term holders. Aureo positions itself alongside American firms similar to Onramp and River and adapts comparable fashions to regional wants.

The corporate was launched as Swapido on October 11, 2024 by CEO Gustavo Flores Echaiz and initially operated as an online app that enabled Lightning Community to Peso conversions. In its first 12 months, it processed over 5 BTC in quantity for a whole lot of superior customers, and served as Mexico’s best exit level for spending Bitcoin.

The rebrand to Aureo displays an growth into complete Bitcoin companies, geared toward constructing belief and providing extremely safe companies tailor-made to Latin America’s distinctive challenges on this area. The platform permits large-scale shopping for and promoting with discrete execution, self-custody steering, multi-institutional custody (MIC) recommendation, native fiat integration and succession planning.

Aureo holds a Bitcoin Service Supplier (BSP) license from El Salvador and “absolutely complies with Mexican rules,” in keeping with the press launch shared with Bitcoin Journal. “Bitcoin is remodeling the way in which traders and companies handle their wealth by offering a impartial and safe retailer of worth,” the corporate stated within the announcement, highlighting the potential for billions in idle capital throughout the area to gas the following wave of adoption.

Wanting forward, Aureo plans to roll out a ‘Purchase’ function and collaborate with Onramp Bitcoin to construct a LatAm-specific MIC platform. This collaboration will optimally make the most of Onramp’s infrastructure and tailor it to native rules and investor profiles.

The manager workforce attracts on established Bitcoin experience. Echaiz, who leads as CEO, is reunited with the unique co-founders of Veriphi, a Canadian Bitcoin firm that has helped 1000’s of consumers purchase, promote and maintain Bitcoin. Nathaniel Kitzkte serves as fractional Chief Expertise Officer, Tristan Borges Solari as Chief Product Officer and Maciej Cepnik as Chief Advertising Officer.

Crew members convey expertise from firms similar to Bull Bitcoin, Unchained Capital, Wasabi, Bitrefill, Bitcoin Effectively and Zaprite. Based mostly in Mexico, Aureo plans to increase its workforce with upcoming openings.

Aureo invitations signups at aureobitcoin.com, with newsletters for updates and an X account at x.com/AureoBitcoin. As Bitcoin adoption grows in LatAm, firms like Aureo can play a key function in bridging conventional monetary and digital belongings, providing the area extra tailor-made entry to Bitcoin, an asset that has traditionally been a life raft for nations scuffling with excessive inflation throughout the International South.