Read time 2 minutes

El Dorado, Latin American Stablecoin-Powered SuperApp, receives $3 million in seed capital.


El Dorado, the Latin American Stablecoin-Powered SuperApp, has successfully closed its seed round, raising $3 million. Multicoin Capital led this round with participation from Coinbase Ventures, Berkeley Skydeck, and Awesome People Ventures. This funding will enable the company to drive its growth and expand its services to more users in the region.

The platform boasts over 150,000 users and has processed 1 million transactions in its first 12 months of operation across Colombia, Venezuela, Argentina, Peru, Brazil, and Panama. With this new investment, El Dorado aims to reach 250,000 active users in 2024.

Additionally, the company is developing a new product, a cryptocurrency swap. You can sign up for the waitlist if you want to be among the first to try it.

Guillermo Goncalvez, CEO and Co-founder of, states, "We believe in the free market, which is a core part of our business premise. We are building free markets that encourage currency competition between countries. We want to ensure that all of us, Latin Americans, have the option to escape local currency issues, ensuring that, for example, what happened in Venezuela and Argentina with inflation does not repeat."

El Dorado's mission is to make value exchange and creation accessible to anyone worldwide. Its vision is to become the "SuperApp" of payments, changing how Latin Americans earn, save, and send money. The platform facilitates international payments with stablecoins, solving the lack of interoperability between payment methods and generating additional income through currency trading.

Our commitment goes beyond being a mere exchange platform; we are building free markets that encourage currency competition. We are creating an ecosystem where everyone, regardless of location or financial situation, can participate in the global economy transparently, stablely, and securely. El Dorado is the easiest way to buy, sell, and earn stablecoins in Latin America, emphasizes Goncalvez.

Download the El Dorado app and enjoy the SuperApp for cross-border payments in Latin America.

We're on Telegram!

We are shaping the digital economy and want you to be a part of it!

Join our Telegram community, share your P2P trades and accomplishments, or simply reach out to us for support! We’re extremely active.

FAQ Frequently Asked Questions

How Can We Help you?

This space is built to help you, regardless of whether you are an expert or a beginner using our app. Here you may find the answer to the questions you have.

El Dorado

Deposits & Withdrawals


General Questions

There are no results

CONTENT DISCLAIMER: References made to third-party names, logos, and trademarks on this website are to identify the corresponding goods and services that users of El Dorado may exchange through P2P transactions facilitated by El Dorado Unless otherwise specified, trademark holders are not affiliated with El Dorado, our products or website, and do not sponsor or endorse El Dorado services, such references are included strictly as nominative fair use as per applicable trademark law and are the property of their respective owners. In case of any unsolved inquiries, you may contact or