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Robinhood plans to enter Indonesia by acquiring two licensed local fintech firms. The expansion gives access to a market with 17 million crypto traders and over 19 million capital market investors. Indonesia ranks seventh worldwide in the 2025 Global Crypto Adoption Index, making it one of the strongest grassroots crypto markets in Southeast Asia.
Robinhood will enter Indonesia through agreements to buy Buana Capital, a local brokerage, and PT Pedagang Aset Kripto, a licensed digital asset trader. The firm announced the move on Sunday, calling Indonesia one of Southeast Asia’s strongest trading markets.
Robinhood said Indonesia now has more than 19 million capital market investors and around 17 million crypto traders. That mix gives the company both retail scale and an existing user base that is already active in digital assets.
The acquisition strategy removes many entry barriers. Buying an existing brokerage gives Robinhood a clear regulatory pathway and an established presence. Acquiring a licensed crypto platform gives it the ability to offer digital asset products from day one.
Patrick Chan, head of Asia at Robinhood, said Indonesia’s rapid growth in trading made it a logical next step for the company’s expansion.
Indonesia ranks seventh in the 2025 Global Crypto Adoption Index and leads Southeast Asia in grassroots participation. Indonesia’s 2024 crypto volume of 650 trillion rupiah ($39.7 billion) laid the groundwork for its strong 2025 adoption ranking.
Robinhood said it will keep serving Buana Capital clients with Indonesian financial products. It plans to expand that offering over time by adding US equities, crypto trading features, and other tools that connect Indonesian users to global markets.
The company did not share the financial terms of the acquisitions. Both deals are expected to close in the first half of 2026.
Robinhood has been widening its global footprint. It entered the European Union and the United Kingdom in 2024 and has been signing new deals across several markets. The firm is also moving into prediction markets after acquiring an FTX-linked company in November 2025.
Prediction markets have become one of Robinhood’s fastest-growing products based on internal revenue numbers. Adding Indonesia to its reach gives the company access to a massive retail market that already treats crypto as a core part of everyday investing.
Robinhood’s latest move signals a broader push to compete across equities, crypto, and new trading formats. The next phase will depend on how quickly it can roll out its full suite of products once regulatory approvals are complete.
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