Robinhood is coming into into Indonesia during the planned acquisition of a licensed brokerage and a registered crypto trading platform, marking judicious one of its significant international expansions to date.
- Robinhood plans to aquire an Indonesian brokerage and crypto trading company.
- The pass expands its presence accurate into a high-growth retail trading market.
- The acquisitions apply rising exercise all the device through tokenized sources and recent product lines.
In a Dec. 7 announcement, Robinhood Markets acknowledged it has agreed to create PT Buana Capital Sekuritas, an Indonesian brokerage, and PT Pedagang Aset Kripto, a regulated digital asset trader.
The pass offers Robinhood an instantaneous presence in judicious one of Southeast Asia’s most crammed with life retail investment markets, home to extra than 19 million capital market investors and 17 million crypto customers.
Robinhood to provide twin regulatory relieve
Patrick Chan, Robinhood’s Head of Asia, acknowledged Indonesia’s posthaste growth in trading exercise makes it a pure fit for the corporate’s mission. Pieter Tanuri, the majority owner of both received entities, will remain alive to as a strategic consultant.
After the acquisition closes, Robinhood plans to withhold Buana Capital’s present brokerage products and companies while making ready to provide Indonesians get entry to to U.S. equities, cryptocurrencies, and other merchandise through Robinhood’s world platform.
Both transactions, that are expected to shut in the main half of of 2026, require approval from Indonesia’s Monetary Products and companies Authority.
Indonesia is a chief purpose for digital finance firms because of the its younger, cell-first populace. Robinhood will produce a twin regulatory foothold by coming into the market with both a brokerage license and a crypto trading license, that would possibly well also enable it to amplify posthaste all the device through digital sources and stocks.
Robinhood shares rose about 1.2% in after-hours trading following the Indonesia announcement, with community reactions on X calling it a vital milestone for world crypto get entry to and thought of one of the primary corporate’s most ambitious regional expansions.
Switch aligns with Robinhood’s world growth and crypto strategy
The deal follows a duration of accelerated product growth for Robinhood. The corporate’s customized layer-2 network, constructed on Arbitrum (ARB), now supports over 900 tokenized U.S. stocks, change-traded funds, and commodities, letting customers commerce them around the clock.
The company is additionally expanding into prediction markets through a partnership with Kalshi that added NFL and college football tournament contracts. The collaboration lifted Robinhood shares earlier in the month but drew regulatory consideration, along side a discontinue-and-desist expose from Connecticut on Dec. 4 for unlicensed sports activities making a bet.
Occasion contracts proceed to be a serious engagement driver, with Robinhood reporting a few million customers trading contracts in Q3.
