Robinhood Acquires Indonesian Brokerage and Crypto Firms

Robinhood Expands to Indonesia

  • Robinhood has acquired Indonesian firms Buana Capital Sekuritas and PT Pedagang Aset Kripto, entering Southeast Asia's retail finance market.
  • The acquisitions provide Robinhood with regulatory compliance and local infrastructure, expediting its market entry.
  • These deals are expected to finalize in the first half of 2026.
  • Post-acquisition, Robinhood will serve existing clients and introduce its equity and crypto trading services.
  • Cathie Wood’s Ark Invest recently invested $21 million in Robinhood shares.

Indonesia's Crypto Market Landscape

  • Indonesia is a significant financial hub in Southeast Asia with over 19 million retail investors and 17 million crypto users.
  • The country ranks seventh globally in crypto adoption according to Chainalysis's 2025 Global Crypto Adoption Index.
  • Other firms like MEXC and Binance have also entered the Indonesian market through strategic acquisitions.
  • Acquisitions help foreign firms meet Indonesian regulations faster than starting new operations.