Aureo, previously generally known as Swapido, has raised $1.1 million in pre-seed funding from Early Riders to develop a specialised Bitcoin platform concentrating on high-net-worth people (HNWIs), household workplaces, and corporations in Mexico and Latin America.
The funding, introduced on October 20, 2025, will assist the creation of a white-glove service targeted on safe Bitcoin transactions, custody, and advisory for institutional and long-term holders. Aureo positions itself alongside U.S.-based corporations like Onramp and River, adapting related fashions to regional wants.
Launched as Swapido on October 11, 2024, by CEO Gustavo Flores Echaiz, the corporate initially operated as an online app facilitating Lightning Community-to-peso conversions. In its first yr, it processed over 5 BTC in quantity for a whole bunch of superior customers, serving as Mexico’s easiest off-ramp for spending Bitcoin.
The rebrand to Aureo displays an growth into complete Bitcoin companies, trying to construct belief and provide excessive safety white glove companies, tailor-made for Latin America’s distinctive challenges on this space. The platform allows large-volume buys and sells with discreet execution, self-custody steering, multi-institution custody (MIC) advisory, native fiat integration, and inheritance planning.
Aureo has a Bitcoin Service Supplier (BSP) license from El Salvador, and “holds full compliance with Mexican laws” in keeping with the press launch shared with Bitcoin Journal. “Bitcoin is remodeling how buyers and companies handle their wealth by providing a impartial and safe retailer of worth,” the corporate said within the announcement, highlighting potential for billions in idle capital throughout the area to gasoline the following wave of adoption.
Wanting forward, Aureo plans to roll out a “Purchase” characteristic and accomplice with Onramp Bitcoin to construct a LatAm-specific MIC platform. This collaboration will leverage Onramp’s infrastructure whereas tailoring it to native laws and investor profiles.
The chief workforce attracts from established Bitcoin experience. Echaiz, who leads as CEO, reunites with unique co-founders from Veriphi, a Canadian Bitcoin agency that assisted 1000’s of shoppers in shopping for, promoting, and custodying Bitcoin. Nathaniel Kitzkte serves as fractional Chief Know-how Officer, Tristan Borges Solari as Chief Product Officer, and Maciej Cepnik as Chief Advertising Officer.
Staff members deliver expertise from corporations together with Bull Bitcoin, Unchained Capital, Wasabi, Bitrefill, Bitcoin Effectively, and Zaprite. Aureo, primarily based in Mexico, plans to broaden its workforce with upcoming job postings.
Aureo invitations sign-ups at aureobitcoin.com, with newsletters for updates and an X account at x.com/AureoBitcoin. As Bitcoin adoption grows in LatAm, corporations like Aureo might play a key function in bridging conventional finance and digital belongings, providing the area extra tailor-made entry to Bitcoin, an asset that has traditionally been a life raft for nations struggling excessive inflation all through the worldwide south.