Robinhood will enter the Indonesian market by acquiring a brokerage business and a cryptocurrency trading platform

According to a report by Reuters, Robinhood announced in a blog post on Sunday that it will acquire Indonesian brokerage firm Buana Capital Sekuritas and 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 attractiveness in stock and digital asset trading. Acquiring a brokerage helps the company meet regulatory requirements and establish a business foothold, facilitating smoother entry into new markets; while 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 the two Indonesian companies, will continue to serve as a strategic advisor to Robinhood.