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Robinhood to enter Indonesia with brokerage, crypto trader acquisition

Robinhood aims to expand in Indonesia by acquiring local firms to meet regulations and tap into a market with over 19 million capital market investors, the company said.

  • On Dec 7, Robinhood Markets announced it will acquire Buana Capital Sekuritas and PT Pedagang Aset Kripto, marking its official entry into the Indonesian market.
  • Indonesia's large retail base includes more than 19 million capital market investors and 17 million cryptocurrency traders, attracting Robinhood amid growing financial account ownership.
  • Financial terms were not disclosed by the company; Robinhood said it expects the transaction to close in H1 2026, with Pieter Tanuri, majority owner of Buana Capital and PT Pedagang Aset Kripto, remaining as a strategic adviser.
  • The deal signals a new phase after Robinhood Markets joined the S&P 500 this year, with shares gained nearly 268 per cent as of December 4 close, 2025.
  • Amid recent rule changes, Indonesia overhauled crypto taxes, imposing a fivefold tax increase on offshore crypto platforms and doubling VAT on crypto mining, while exploring Bitcoin as a reserve asset.
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U.S. News broke the news in New York, United States on Sunday, December 7, 2025.
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