Robinhood Bets Big on Indonesia Booming Market After Securing Local Firms

Robinhood is set to enter Indonesia’s fast-growing crypto market. The company announced the acquisition of two local firms in the country to tap into their market.

Robinhood Taps Indonesia’s Expanding Investor Base

The exchange announced plans to acquire two regulated local firms, Buana Capital Sekuritas and Pedagang Aset Kripto, according to Reuters. The purchase gives the exchange immediate access to the country’s booming trading ecosystem.

The exchange is growing in popularity due to new regulations. The company announced that it is officially entering Southeast Asia after acquiring two businesses.

Indonesia is one of the most active crypto markets in the world because it has a young and very digital population. The country has over 19 million investors in capital markets and 17 million crypto traders.

Patrick Chan, the exchange’s head of Asia, shared his view on the development.

“Indonesia represents a fast-growing market for trading, which makes it an exciting place to extend Robinhood’s mission to democratize finance for all,” he said.

The acquisitions also provides the exchange with a big regulatory advantage. When buying out an already licensed brokerage, it’s easier to get approval to offer stock-trading services. It also secures them a registered crypto-asset trader. This allows the platform to introduce digital asset products without any long delays.

Although financial terms remain undisclosed, the company said it expects the deal to close in the first half of 2026. Pieter Tanuri, majority owner of both Indonesian firms, will continue to serve as a strategic adviser for the companies. The expansion arrives when the country has created policies to become a well-regulated crypto hub.

This comes after Robinhood announced late November that it would launch a new derivatives and futures exchange as part of its move into the prediction markets.

The company had a stellar year in 2025. As of December 4, the stock has surged nearly 268% year-to-date.

Exchange’s Asia Strategy Gains Momentum

This isn’t the firm’s first big purchase in Asia. In June, the company bought Bitstamp, one of the longest-running crypto exchanges in the world. Bitstamp has licenses in Europe, the UK, Singapore, and the US. The deal helps the exchange access regulations faster in different crypto markets.

The company has launched tokenized U.S. stocks for clients in Europe. They also announced plans for their own layer-2 blockchain to help with future stock tokenization.

Meanwhile, the exchange still faces challenges in the U.S. Recently, Connecticut regulators accused it of unlicensed gambling in relation to prediction based products.

Source: https://coingape.com/robinhood-bets-big-on-indonesia-booming-market-after-securing-local-firms/