Robinhood Expands Into Indonesia’s Rapidly Growing Crypto Market

Robinhood is making a major move into Southeast Asia as it prepares to enter Indonesia’s fast-growing crypto market through the acquisition of two local regulated firms. According to Reuters, the company will purchase Buana Capital Sekuritas and Pedagang Aset Kripto, giving Robinhood immediate access to Indonesia’s booming trading environment and a significant regulatory advantage.

Indonesia has become one of the world’s most active crypto hubs, driven by its young, tech-savvy population. The country now records more than 19 million capital market investors and 17 million crypto traders, making it an ideal expansion target for global exchanges. Patrick Chan, Robinhood’s head of Asia, emphasized the importance of this market, noting that Indonesia’s rapid growth aligns with the company’s mission to broaden financial access.

By acquiring already licensed firms, Robinhood can streamline approvals for stock trading and crypto services, bypassing long regulatory delays. The company expects the deal to close in the first half of 2026. Pieter Tanuri, majority owner of both firms, will remain involved as a strategic adviser, helping guide Robinhood’s entry into the region. This move also comes at a time when Indonesia is strengthening its policies to position itself as a well-regulated crypto hub.

Robinhood’s expansion in Asia follows its acquisition of Bitstamp in June, a long-established global crypto exchange holding multiple international licenses. The deal supports Robinhood’s broader strategy to accelerate access to regulated markets and advance products such as tokenized U.S. stocks and its planned layer-2 blockchain.

Despite its global growth, the company continues to face challenges in the U.S., including recent accusations from Connecticut regulators regarding alleged unlicensed gambling tied to prediction-based offerings. Still, Robinhood has had an impressive year, with its stock surging nearly 268% as of December 4, 2025.

This Indonesia entry marks another significant step in the company’s push to expand its international footprint and strengthen its presence in the evolving crypto ecosystem.