Robinhood to enter Indonesia with brokerage, crypto trader acquisition

Robinhood Markets will get Indonesian brokerage steadfast Buana Capital Sekuritas and licensed integer plus trader Pedagang Aset Kripto, marking the retail trading platform's introduction into 1 of Southeast Asia's large crypto hubs, the institution said successful a blog station connected Sunday.

Indonesia is among the world's starring adopters of cryptocurrency, backed by supportive regularisation and a tech-savvy young population, making it a premier people for U.S. firms seeking maturation successful Asia.

The state has much than 19 cardinal superior marketplace investors and 17 cardinal cryptocurrency traders, underscoring its entreaty for some banal and integer plus trading.

"Indonesia represents a fast-growing marketplace for trading, making it an breathtaking spot to further Robinhood's ngo to democratize concern for all," said Patrick Chan, Head of Asia astatine Robinhood.

Acquiring a brokerage eases a company's introduction into caller markets by helping conscionable regulatory requirements and physique presence, portion buying a licensed integer plus trader speeds entree to crypto products.

Robinhood did not disclose fiscal presumption of the deal, which is expected to adjacent successful the archetypal fractional of 2026. Pieter Tanuri, bulk proprietor of some Indonesian firms, volition enactment connected arsenic a strategical advisor to Robinhood, the institution said.

Robinhood's commission‑free, app‑based level is wide credited with disrupting U.S. retail trading by drafting successful a caller procreation of investors and changing however Americans prosecute with banal markets.

The woody signals a caller signifier for the retail trading platform, which has gained broader marketplace designation this twelvemonth after joining the benchmark S&P 500 index. The institution besides announced its introduction into prediction markets in March.

Shares of the company, which went nationalist successful New York successful 2021, person gained astir 268% truthful acold successful 2025 - arsenic of December 4 close.