Robinhood is taking a big step into Southeast Asia. The company announced that it plans to enter the Indonesian market by buying a licensed stock brokerage and a registered crypto trading platform. This is one of Robinhood’s biggest international moves so far.
The deal includes PT Buana Capital Sekuritas, an Indonesian brokerage, and PT Pedagang Aset Kripto, a regulated crypto asset trader. With this move, Robinhood will instantly gain a strong position in a country that has over 19 million stock market investors and 17 million crypto users.
A major regulatory advantage
Patrick Chan, Robinhood’s Head of Asia, said Indonesia’s fast-growing market fits perfectly with the company’s goal to open access to investing. Pieter Tanuri, the majority owner of both firms, will stay on as a strategic advisor even after the acquisition.
Once everything is approved, Robinhood plans to keep Buana Capital’s brokerage services running, while also preparing to offer Indonesians access to U.S. stocks, crypto, and other products through Robinhood’s global platform.
Both deals still need approval from Indonesia’s Financial Services Authority, and they’re expected to close in the first half of 2026.
Indonesia is one of the most attractive markets for digital finance companies because it has a young population that relies heavily on mobile apps. By entering with both a brokerage license and a crypto license, Robinhood gets a strong regulatory base that could help it expand quickly across trading products.
Robinhood’s stock rose slightly — up about 1.2% in after-hours trading — after the announcement. Many users on X called it a big step for global crypto access and one of Robinhood’s most serious moves outside the United States.
Part of a bigger global strategy
Robinhood has been expanding aggressively. Its new custom Layer-2 network, built on Arbitrum, now supports more than 900 tokenized U.S. stocks, ETFs, and commodities. This allows 24/7 trading, something traditional markets don’t offer.
The company also entered the prediction-market space through a partnership with Kalshi. This lets users trade event contracts tied to NFL and college football games. The feature boosted interest earlier in the month but also brought new scrutiny, including a cease-and-desist order from Connecticut for unlicensed sports betting.
Still, event contracts remain a huge engagement driver. Robinhood reported over one million users trading these contracts in Q3.
With its move into Indonesia, Robinhood is pushing deeper into international markets while doubling down on its long-term crypto and tokenization strategy.
