In brief
- Robinhood has agreed to buy a licensed brokerage and a crypto platform in Indonesia to enter the market.
- The deals are expected to close in early 2026, with no integration details yet disclosed.
- The push comes as Indonesia strengthens oversight of digital assets amid a surge in growth for crypto adoption.
Robinhood Markets Inc. has agreed to acquire two licensed Indonesian firms as it prepares to enter one of Asia’s fastest-growing retail markets.
The deals would involve acquisitions of PT Buana Capital Sekuritas, a brokerage, and PT Pedagang Aset Kripto, a licensed crypto trading platform, according to a statement released by the California-based company on Sunday evening.
Asked about how it is planning out operations during…
