Dec 7 : Robinhood Markets will purchase Indonesian brokerage agency Buana Capital Sekuritas and licensed digital asset dealer Pedagang Aset Kripto, marking the retail buying and selling platform’s entry into one among Southeast Asia’s main crypto hubs, the corporate stated in a weblog submit on Sunday.
Indonesia is among the many world’s main adopters of cryptocurrency, backed by supportive regulation and a tech-savvy younger inhabitants, making it a major goal for U.S. corporations looking for development in Asia.
The nation has greater than 19 million capital market traders and 17 million cryptocurrency merchants, underscoring its enchantment for each stock and digital asset buying and selling.
“Indonesia represents a fast-growing market for trading, making it an exciting place to further Robinhood’s mission to democratize finance for all,” stated Patrick Chan, Head of Asia at Robinhood.
Acquiring a brokerage eases an organization’s entry into new markets by serving to meet regulatory necessities and construct presence, whereas shopping for a licensed digital asset dealer speeds entry to crypto merchandise.
Robinhood didn’t disclose monetary phrases of the deal, which is predicted to shut within the first half of 2026. Pieter Tanuri, majority proprietor of each Indonesian corporations, will keep on as a strategic adviser to Robinhood, the corporate stated.
Robinhood’s fee‑free, app‑based mostly platform is broadly credited with disrupting U.S. retail buying and selling by drawing in a brand new era of traders and altering how Americans have interaction with stock markets.
The deal alerts a brand new part for the retail buying and selling platform, which has gained broader market recognition this yr after becoming a member of the benchmark S&P 500 index. The firm additionally introduced its entry into prediction markets in March.
Shares of the corporate, which went public in New York in 2021, have gained practically 268 per cent to date in 2025 – as of December 4 shut.