Bitcoin Magazine Early Riders Backs Aureo with $1.1M for Secure Bitcoin Custody in Latin America

Aureo, formerly known as Swapido, has raised $1.1 million in pre-seed funding from Early Riders to develop a specialized Bitcoin platform targeting high-net-worth individuals (HNWIs), family offices, and companies in Mexico and Latin America.

The funding, announced on October 20, 2025, will support the creation of a white-glove service focused on secure Bitcoin transactions, custody, and advisory for institutional and long-term holders. Aureo positions itself alongside U.S.-based firms like Onramp and River, adapting similar models to regional needs.

Launched as Swapido on October 11, 2024, by CEO Gustavo Flores Echaiz, the company initially operated as a web app facilitating Lightning Netwo

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