Robinhood acquires licensed brokerage and crypto trading firm in Indonesia, officially entering the Southeast Asian market.

According to Odaily, Robinhood will acquire Indonesian brokerage Buana Capital Sekuritas and licensed digital asset trader Pedagang Aset Kripto to enter the Indonesian market. The company stated that this move marks its official entry into one of Southeast Asia's major crypto hubs. The transaction is expected to close in the first half of 2026, with the specific amount undisclosed.

Indonesia is one of the world's leading regions for crypto asset adoption, driven by regulatory support and a young user base. Currently, the local capital market has over 19 million investors, with approximately 17 million registered crypto traders. Patrick Chan, Head of Asia at Robinhood, stated that Indonesia's rapidly growing trading market aligns perfectly with the company's mission of "financial inclusion."

By acquiring licensed brokers and crypto dealers, Robinhood will be able to more easily meet local compliance requirements and accelerate its stock and digital asset-related business. Pieter Tanuri, the major shareholder of both Indonesian companies, will serve as a strategic advisor to Robinhood after the transaction is completed.

Robinhood revolutionized retail trading in the US with its zero-commission app model and was included in the S&P 500 index this year. The company also announced its entry into the prediction market this year. Its stock price has risen nearly 268% from the beginning of 2025 to December 4th. (CNBC)