Early Riders has invested 10 Bitcoin in Aureo, a Bitcoin-centric financial services platform in Latin America, to support its expansion and meet the growing market demand for Bitcoin services.

Information on the Target

Aureo is a Bitcoin-centric financial services platform operating primarily in El Salvador and Mexico. Previously known as Swpaido, the company has rebranded to better reflect its mission of establishing a preeminent gateway for Bitcoin accumulation and conversion throughout Latin America. Aureo is dedicated to serving long-term savers, institutions, and enterprises with a Bitcoin-only model that supports diverse financial needs.

With a goal of expanding its offerings beyond basic services, Aureo plans to provide a comprehensive suite of financial solutions along with Bitcoin-to-peso off-ramping capabilities. The platform aims to facilitate a user-friendly experience through both custodial and non-custodial storage options, along with mobile and web applications designed for trading, automated dollar-cost averaging (DCA), and an innovative Multi-Institution Custody (MIC) to enhance security and fault tolerance.

Industry Overview in El Salvador and Mexico

The digital currency landscape in El Salvador has gained significant attention since the country became the first in the world to adopt Bitcoin as legal tender in 2021. This regulatory endorsement, coupled with growing interest from business