Aureo (formerly Swapido) announced a $1.1 million pre‑seed round with Early Riders to develop the first Latin America‑native Multi‑Institution Custody (MIC) solution and expand its bitcoin financial services from Mexico across the region.
Mexico’s White‑Glove Bitcoin Platform Aureo Raises $1.1M Pre‑Seed to Build Latam Multi‑Institution Custody
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The raise will fund founder salaries, marketing, development, compliance, custody-key agency infrastructure, and regional expansion with a team of founders experienced at firms like Bull Bitcoin and Bitrefill.
The MIC aims to enable secure, multi-party custody that preserves self‑custody principles while unlocking advanced bitcoin finance such as collateralized lending and complex transactions, and Aureo will leverage Onramp’s technology in product development; Early Riders’ investment positions Aureo alongside peers building bitcoin custody and payments infrastructure. The product targets Mexico and broader Latin America and will proceed subject to applicable jurisdictional requirements.
FAQ 🧭
• Where is Aureo based? — Mexico, targeting expansion across Latin America.
• How much was raised and when? — $1.1 million USD pre‑seed on October 19, 2025.
• Who invested? — Early Riders led the pre‑seed round.
• What will the funds build? — A Latam‑native Multi‑Institution Custody solution, staffing, and infrastructure.
