Robinhood to Acquire Indonesian Brokerage and Crypto Trader, Expanding Southeast Asian Footprint

HOOD
December 08, 2025

Robinhood Markets announced on December 7, 2025 that it will acquire Indonesian brokerage firm PT Buana Capital Sekuritas and licensed digital‑asset trader PT Pedagang Aset Kripto. The terms of the deal were not disclosed, but the agreements are expected to close in the first half of 2026, subject to regulatory approval, and Robinhood plans to launch a localized app in early 2027.

The acquisition fits directly into Robinhood’s long‑term international strategy. CEO Vlad Tenev has repeatedly stated the company aims for more than half of its revenue to come from international and institutional sources within ten years. By securing a regulated brokerage platform and a crypto trading partner in Indonesia, Robinhood can bypass the lengthy licensing process and immediately tap a market that is projected to see rapid digital‑asset adoption.

Indonesia’s market offers a compelling combination of size and growth. The country has over 19 million capital‑market investors and more than 17 million crypto traders, and its digital economy is expanding faster than many peers in Southeast Asia. Recent regulatory tightening—shifting oversight to the Financial Services Authority (OJK) and imposing new tax and compliance rules—has raised operating costs for exchanges and brokers. Acquiring local firms gives Robinhood existing licenses and local expertise, positioning it to navigate the stricter environment while capturing a share of the growing retail investor base.

The deal also strengthens Robinhood’s cross‑sell potential. The company can bundle traditional securities and crypto products on a single platform, leveraging its mobile‑first design to attract Indonesia’s tech‑savvy population. The acquisition aligns with Robinhood’s broader diversification efforts, which include the recent $200 million purchase of Bitstamp and the expansion of its Gold subscription and banking services.

With the Indonesian entry, Robinhood is poised to accelerate its international revenue trajectory. The company’s management expects the localized app to drive new user acquisition and recurring revenue, while the regulatory foothold should reduce future compliance costs. The acquisition signals confidence in Southeast Asia’s long‑term potential and reinforces Robinhood’s commitment to becoming a global financial services provider.

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