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Robinhood Expands to Indonesia With Major Dual Acquisition
Key Takeaways
- Robinhood will enter Indonesia by acquiring Buana Capital Sekuritas and Pedagang Aset Kripto, pending regulatory approval;
- The expansion targets Indonesia’s 19 million stock and 17 million crypto investors, which allows Robinhood to offer a full range of regulated products.
- Following rapid 2025 growth and S&P 500 inclusion, Robinhood aims to close the acquisitions by mid-2026 with Pieter Tanuri as advisor.
Robinhood Markets, Inc. announced on December 7 that it plans to expand into Indonesia by acquiring Buana Capital Sekuritas and Pedagang Aset Kripto.
According to a press release, this expansion is intended to give Robinhood access to Indonesia's large investor base, as the country currently has more than 19 million capital market participants and nearly 17 million individuals involved in crypto trading.
Owning both a brokerage and a crypto trading platform enables the company to offer a range of regulated financial products in the Indonesian market.
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Details regarding the amount involved in these acquisitions have not been made public. The process is on track for completion in the first half of 2026, depending on regulatory approvals.
Pieter Tanuri, the current owner of both newly acquired companies, will continue with Robinhood in a strategic advisory capacity after the transaction closes.
This decision follows a period of strong growth for Robinhood, which was added to the S&P 500 index and introduced prediction markets in 2025. As of December 4, the company's shares had increased by about 268% since the beginning of the year.
Patrick Chan, Head of Asia at Robinhood, stated in the announcement:
Indonesia represents a fast-growing market for trading, making it an exciting place to further Robinhood’s mission to democratize finance for all.
The transactions are expected to be finalized after the necessary permissions from Indonesia's Financial Services Authority (OJK) and other local regulators are granted in the coming months.
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