Robinhood is acquiring a brokerage firm and a cryptocurrency trading company in Indonesia, marking the U.S. trading platform’s foray into Southeast Asia’s largest economy.
In a Sunday blog post, Robinhood announced that it has entered into agreements to acquire Indonesian brokerage PT Buana Capital Sekuritas and digital asset trader PT Pedagang Aset Kripto.
The deals are subject to customary closing conditions, including approval from the Indonesian Financial Services Authority. Robinhood expects both deals to close in the first half of 2026.
Robinhood plans to continue serving Buana Capital’s existing brokerage customers with local financial products.
The company said it hopes to introduce Robinhood’s signature brokerage and crypto trading services in Indonesia, including access to U.S. equities and digital assets.
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