Aureo, previously often called 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 help the creation of a white-glove service centered on safe Bitcoin transactions, custody, and advisory for institutional and long-term holders. Aureo positions itself alongside U.S.-based companies 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 internet app facilitating Lightning Community-to-peso conversions. In its first yr, it processed over 5 BTC in quantity for a whole lot of superior customers, serving as Mexico’s easiest off-ramp for spending Bitcoin.
The rebrand to Aureo displays an enlargement into complete Bitcoin companies, seeking to construct belief and supply 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 steerage, 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 response to 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 acknowledged within the announcement, highlighting potential for billions in idle capital throughout the area to gasoline the subsequent wave of adoption.
Wanting forward, Aureo plans to roll out a “Purchase” function and associate 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 manager workforce attracts from established Bitcoin experience. Echaiz, who leads as CEO, reunites with unique co-founders from Veriphi, a Canadian Bitcoin agency that assisted hundreds of shoppers in shopping for, promoting, and custodying Bitcoin. Nathaniel Kitzkte serves as fractional Chief Expertise Officer, Tristan Borges Solari as Chief Product Officer, and Maciej Cepnik as Chief Advertising and marketing Officer.
Crew members convey expertise from firms together with Bull Bitcoin, Unchained Capital, Wasabi, Bitrefill, Bitcoin Properly, and Zaprite. Aureo, based mostly 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, companies like Aureo could play a key position in bridging conventional finance and digital property, 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.
