Robinhood Enters Indonesia via Local Fintech Acquisitions

[cryptohog]

Robinhood is entering Indonesia’s fast-growing crypto and stock market by acquiring Buana Capital and PT Pedagang Aset Kripto, a licensed digital asset trader.
The move gives Robinhood regulatory compliance and local market presence, paving the way to offer US equities, cryptocurrencies, and more to Indonesian investors.
With 17 million crypto traders in the country, Robinhood is targeting one of Southeast Asia’s most active crypto markets.

[Abdul Khan]

Smart move—acquiring local players speeds up market penetration.

[Rimon Khan]

Robinhood wants strong roots in Asia’s fastest-growing crypto market.