Swan Bitcoin is a trading name. The legal entity behind it is Electric Solidus, Inc., which Swan's own terms of service identify as "the Company" and which the Securities and Exchange Commission's company record lists as a Delaware corporation with a business address in Calabasas, California. Its Form D filed on 4 December 2025 reports $10.3 million sold and names Cory Klippsten as an executive officer and director, with David Song as an executive officer and Lyn Alden, Yan Pritzker and Sebastian Sobezak as directors.
Klippsten's profile on Swan's site describes him as Founder and Chief Executive Officer and says he "Started Swan Bitcoin in 2019". A second team profile on the same site puts it from the other side: "I helped co-found Swan in 2019 and plan to be here for the rest of my career."
The product is deliberately dull. A customer sets up a repeating purchase on a schedule and it runs. Around that sit a retirement account product, a private client service, a custody product and a large library of written and recorded material, much of which is free and none of which is behind a purchase.
The structure underneath is worth reading carefully, because Swan states plainly what it is not. Its terms say the company does not custody assets, transmit money, act as a broker or dealer, provide investment advice, act as a fiduciary, or "otherwise represent that it is licensed, regulated, or insured to provide financial services". Swan positions itself as a technology provider and routes customers into separate agreements with regulated third parties. That means a customer's counterparty risk sits partly with companies they did not choose, and the disclosures that matter are in those separate agreements rather than in Swan's.
Governing law for the terms is California. Listing here is not endorsement, and fees and product terms change, so check them on Swan's own pages.