Robinhood Makes Indonesia Entry Through Local Acquisitions
Robinhood Markets Inc. (NASDAQ: HOOD) is entering Indonesia. It is acquiring local broker PT Buana Capital Sekuritas and crypto trader PT Pedagang Aset Kripto. Robinhood’s entry into Indonesia will strengthen its presence in Southeast Asia and global markets.
Why Indonesia Matters
Currently, Indonesia has more than 19 million capital market investors and around 17 million crypto investors. The country has a fast-growing investor base. Robinhood described the country as a compelling market for equity and crypto trading.
Strategic Leadership After the Deal
Pieter Tanuri is the majority owner of Buana Capital and PT Pedagang Aset Kripto. He will remain involved with the business as a strategic advisor to Robinhood after the acquisition.
What Happens to Existing Customers
Robinhood will continue serving existing brokerage customers with Indonesian financial products after the acquisition of Buana Capital. Over time, the company plans to introduce its own brokerage and crypto trading products. Also, it will connect Indonesian customers to US equities and global crypto markets at scale.
Regulatory Approval and Closing Timeline
Both acquisitions are subject to approval from the Indonesian Financial Services Authority (Otoritas Jasa Keuangan, OJK) and other regulatory approvals. The deals are expected to close in the first half of 2026.
About Robinhood
Robinhood has a commission-free trading model. It provides an intuitive mobile app. The platform supports trading in stocks, ETFs, options, and cryptocurrencies without any commission fees. It offers unlimited commission-free trades on stocks, ETFs, options, and cryptocurrencies. It also offers fractional shares to invest in high-priced stocks.
Summing Up
Robinhood’s entry into Indonesia is a key step in its Southeast Asia expansion. The dual acquisition gives it access to equity and crypto investors at once. Now, regulatory approval will decide how fast this expansion moves forward.
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