Robinhood to enter the Indonesian market through the acquisition of a brokerage business and a crypto trading platform

ChainCatcher news, according to Reuters, Robinhood stated in a blog post on Sunday that it will acquire Indonesian brokerage Buana Capital Sekuritas as well as licensed digital asset trader Pedagang Aset Kripto, marking the retail trading platform's official entry into one of Southeast Asia's major cryptocurrency hubs.

Indonesia has over 19 million capital market investors and 17 million cryptocurrency traders, highlighting its appeal in stock and digital asset trading. Acquiring a brokerage helps companies meet regulatory requirements and establish a business foothold, thereby facilitating smoother entry into new markets; acquiring a licensed digital asset trader can accelerate access to cryptocurrency products. Robinhood did not disclose the financial terms of the transaction, which is expected to be completed in the first half of 2026. The company stated that Pieter Tanuri, the major shareholder of both Indonesian companies, will continue to serve as Robinhood's strategic advisor.