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 workplaces, and firms 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 lots of of superior customers, serving as Mexico’s easiest off-ramp for spending Bitcoin.
The rebrand to Aureo displays an enlargement into complete Bitcoin providers, trying to construct belief and provide excessive safety white glove providers, 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 rules” based on 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 gas 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 rules and investor profiles.
The manager crew attracts from established Bitcoin experience. Echaiz, who leads as CEO, reunites with authentic co-founders from Veriphi, a Canadian Bitcoin agency that assisted 1000’s of purchasers 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 and marketing Officer.
Workforce 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, corporations like Aureo might play a key position 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.
