Source: CoinEdition
Original Title: Robinhood Indonesia Crypto Expansion Buys Its Way Into 19 Million Stock And 17 Million Crypto Accounts
Original Link: https://coinedition.com/robinhood-enters-indonesia-buys-brokerage-crypto-firms/
Robinhood To Serve Indonesia’s Stock And Crypto Investors
Robinhood is set to enter Indonesia through a pair of acquisitions that put the United States trading platform directly into one of Southeast Asia’s fastest growing markets. The company has signed agreements to purchase local brokerage PT Buana Capital Sekuritas and digital asset firm PT Pedagang Aset Kripto, marking its first step toward offering both equity and cryptocurrency services in Indonesia.
Under the proposed structure, Robinhood will take over operations at Buana Capital, while continuing to serve the firm’s existing customer base with Indonesian financial products. The company stated that its longer term plan is to introduce its own brokerage suite and crypto trading tools, so Indonesian users can tap United States equities, local digital assets, and cross market instruments from one app.
PT Pedagang Aset Kripto, the second targeted acquisition, would give Robinhood direct exposure to Indonesia’s active crypto trading segment. Data from market institutions show that there are more than 19 million capital-market participants and 17 million crypto investors in the country, indicating the scale of potential demand for integrated trading services. Pieter Tanuri, the majority owner of both Buana Capital and PT Pedagang Aset Kripto, will remain involved in the transition as a strategic advisor following the completion of the two deals.
What OJK Approval and 2026 Timeline Mean For Robinhood’s Launch
The company noted that each transaction remains subject to customary closing conditions, including regulatory review by the Otoritas Jasa Keuangan (OJK). If approved, both acquisitions are expected to be finalized by mid-2026, enabling Robinhood to establish its operational presence in Indonesia.
Patrick Chan, Robinhood’s Head of Asia, stated that Indonesia’s expansion in trading activity was a key factor behind the decision. He noted that the firm aims to offer the same services currently available to customers in other regions once regulatory processes are complete.
How Indonesia Fits Robinhood’s Prediction Markets And Tokenization Strategy
The move comes as the platform broadens its product line across trading, prediction markets, and tokenized assets. Earlier this year, Robinhood introduced prediction markets and later moved to acquire MIAXdx and a major stake in LedgerX to gain direct control over event based derivatives infrastructure instead of relying solely on third party venues.
It also advanced its tokenization initiatives after CEO Vlad Tenev identified tokenized securities as a developing area of market infrastructure. The company reported that plans include enabling customers to use tokenized stocks as collateral in crypto-related transactions.
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Robinhood Indonesia Crypto Expansion Buys Its Way Into 19 Million Stock And 17 Million Crypto Accounts
Source: CoinEdition Original Title: Robinhood Indonesia Crypto Expansion Buys Its Way Into 19 Million Stock And 17 Million Crypto Accounts Original Link: https://coinedition.com/robinhood-enters-indonesia-buys-brokerage-crypto-firms/
Robinhood To Serve Indonesia’s Stock And Crypto Investors
Robinhood is set to enter Indonesia through a pair of acquisitions that put the United States trading platform directly into one of Southeast Asia’s fastest growing markets. The company has signed agreements to purchase local brokerage PT Buana Capital Sekuritas and digital asset firm PT Pedagang Aset Kripto, marking its first step toward offering both equity and cryptocurrency services in Indonesia.
Under the proposed structure, Robinhood will take over operations at Buana Capital, while continuing to serve the firm’s existing customer base with Indonesian financial products. The company stated that its longer term plan is to introduce its own brokerage suite and crypto trading tools, so Indonesian users can tap United States equities, local digital assets, and cross market instruments from one app.
PT Pedagang Aset Kripto, the second targeted acquisition, would give Robinhood direct exposure to Indonesia’s active crypto trading segment. Data from market institutions show that there are more than 19 million capital-market participants and 17 million crypto investors in the country, indicating the scale of potential demand for integrated trading services. Pieter Tanuri, the majority owner of both Buana Capital and PT Pedagang Aset Kripto, will remain involved in the transition as a strategic advisor following the completion of the two deals.
What OJK Approval and 2026 Timeline Mean For Robinhood’s Launch
The company noted that each transaction remains subject to customary closing conditions, including regulatory review by the Otoritas Jasa Keuangan (OJK). If approved, both acquisitions are expected to be finalized by mid-2026, enabling Robinhood to establish its operational presence in Indonesia.
Patrick Chan, Robinhood’s Head of Asia, stated that Indonesia’s expansion in trading activity was a key factor behind the decision. He noted that the firm aims to offer the same services currently available to customers in other regions once regulatory processes are complete.
How Indonesia Fits Robinhood’s Prediction Markets And Tokenization Strategy
The move comes as the platform broadens its product line across trading, prediction markets, and tokenized assets. Earlier this year, Robinhood introduced prediction markets and later moved to acquire MIAXdx and a major stake in LedgerX to gain direct control over event based derivatives infrastructure instead of relying solely on third party venues.
It also advanced its tokenization initiatives after CEO Vlad Tenev identified tokenized securities as a developing area of market infrastructure. The company reported that plans include enabling customers to use tokenized stocks as collateral in crypto-related transactions.