Indonesia represents one of Southeast Asia's fastest-growing markets with over 19 million capital market investors alongside its substantial crypto investor base.
Robinhood News
Robinhood has entered agreements to acquire an Indonesian brokerage and licensed digital asset trader, marking the company's entry into Southeast Asia's largest cryptocurrency market with 17 million investors.
The trading platform announced deals to purchase Buana Capital, an Indonesian brokerage firm, and PT Pedagang Aset Kripto, a licensed digital financial asset trader. Indonesia represents one of Southeast Asia's fastest-growing markets with over 19 million capital market investors alongside its substantial crypto investor base.
Acquiring an existing brokerage provides Robinhood with regulatory compliance and established market presence, while purchasing a licensed digital asset platform accelerates access to offering cryptocurrency products. Patrick Chan, head of Asia at Robinhood, described Indonesia as an exciting market for furthering the company's mission to democratize finance.
Robinhood plans to continue serving Buana Capital customers with Indonesian financial products while gradually introducing its signature brokerage and cryptocurrency trading services. The company aims to connect Indonesian customers to U.S. equities, cryptocurrencies, and additional products at scale over time.
Financial terms of the acquisition remained undisclosed, with the deal expected to close during the first half of 2026. The transaction requires standard regulatory approvals before completion.
Chainalysis ranks Indonesia seventh globally in its 2025 Crypto Adoption Index and first in Southeast Asia. Total transaction value of crypto assets tripled in 2024 from the previous year, exceeding 650 trillion Indonesian rupiah, equivalent to $39.7 billion, according to Reuters data.
California-based Robinhood entered European and British markets in 2024 and has pursued an active acquisition strategy recently. The firm expanded into prediction markets space through acquisition of an FTX-linked company in November.
Robinhood stated in November that prediction markets emerged as one of its fastest-growing product lines measured by revenue. The Indonesian market entry represents another significant geographic expansion for the platform as it targets high-growth digital-asset markets across Asia.
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