PANews reported on December 8th that, according to 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. This marks the retail trading platform's official entry into one of Southeast Asia's major cryptocurrency hubs. Indonesia boasts over 19 million capital market investors and 17 million cryptocurrency traders, highlighting its appeal in stock and digital asset trading. Acquiring brokerage firms helps companies meet regulatory requirements, establish business footprints, and thus more easily enter new markets; while acquiring licensed digital asset dealers can accelerate access to cryptocurrency products. Robinhood did not disclose the financial terms of the transaction, which is expected to close in the first half of 2026. The company stated that Pieter Tanuri, the major shareholder of both Indonesian companies, will continue to serve as a strategic advisor to Robinhood.PANews reported on December 8th that, according to 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. This marks the retail trading platform's official entry into one of Southeast Asia's major cryptocurrency hubs. Indonesia boasts over 19 million capital market investors and 17 million cryptocurrency traders, highlighting its appeal in stock and digital asset trading. Acquiring brokerage firms helps companies meet regulatory requirements, establish business footprints, and thus more easily enter new markets; while acquiring licensed digital asset dealers can accelerate access to cryptocurrency products. Robinhood did not disclose the financial terms of the transaction, which is expected to close in the first half of 2026. The company stated that Pieter Tanuri, the major shareholder of both Indonesian companies, will continue to serve as a strategic advisor to Robinhood.
Robinhood will enter the Indonesian market through the acquisition of a brokerage business and a crypto trading platform.
PANews reported on December 8th that, according to 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. This marks the retail trading platform's official entry into one of Southeast Asia's major cryptocurrency hubs. Indonesia boasts over 19 million capital market investors and 17 million cryptocurrency traders, highlighting its appeal in stock and digital asset trading.
Acquiring brokerage firms helps companies meet regulatory requirements, establish business footprints, and thus more easily enter new markets; while acquiring licensed digital asset dealers can accelerate access to cryptocurrency products. Robinhood did not disclose the financial terms of the transaction, which is expected to close in the first half of 2026. The company stated that Pieter Tanuri, the major shareholder of both Indonesian companies, will continue to serve as a strategic advisor to Robinhood.
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