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Robinhood Enters Indonesia’s Booming Crypto Market With Twin Fintech Deal

Robinhood Markets moved into Indonesia this week by signing deals to purchase two native companies, a step that provides it instantaneous entry to a giant pool of traders.

The plan covers each a licensed brokerage and a regulated crypto dealer, and the corporate says it would use these platforms to start providing its providers to Indonesian customers. According to studies, the transactions are set to shut within the first half of 2026, topic to regulatory approvals.

Robinhood Targets Large Local Investor Base

Based on reports, Robinhood will purchase PT Buana Capital Sekuritas and PT Pedagang Aset Kripto, two Indonesian corporations that already function below native licenses.

This offers Robinhood the possibility to begin working with out ready out a protracted licensing course of, though last approval from Indonesia’s monetary watchdog remains to be required. The agency didn’t disclose the worth it would pay.

Market Size And Recent Activity

Indonesia is residence to a deep and rising retail market. Reports place shut to twenty million folks taking part in capital markets, whereas about 17 million are energetic crypto traders — numbers that underline why world platforms are wanting intently on the nation.

Transaction values in 2024 reached roughly 650 trillion rupiah, which is sort of $40 billion, exhibiting how a lot exercise already flows by way of native platforms.

How Robinhood Plans To Use The Acquisitions

According to the corporate’s announcement, the offers are supposed to let Robinhood supply its personal brokerage and crypto products over time, doubtlessly together with entry to US equities and world cryptocurrencies for Indonesian customers.

Pieter Tanuri, who is almost all proprietor of the acquired companies, is predicted to function a strategic adviser after the closing, studies say. This native steering might assist with day-to-day operations and regulatory interactions.

Regulatory And Competitive Hurdles

The greenlighting by Otoritas Jasa Keuangan or OJK and different Indonesian regulators stays a unbroken situation.

Against this, the broader coverage backdrop has not stayed fixed: tax guidelines and oversight for crypto tightened up in 2025; regulators have moved elements of crypto oversight below totally different companies, making compliance extra complicated for entrants.

Local rivals are already effectively established, that means Robinhood will face a crowded area even whether it is granted regulatory clearance.

For Indonesian merchants, the move might carry extra selections and entry to new merchandise, together with cross-border buying and selling choices that, till now, are restricted on many native purposes.

It’s a part of a broader enlargement push at Robinhood after a powerful 12 months that noticed large beneficial properties in its inventory worth.

The firm nonetheless has the sensible work of integrating techniques, assembly native guidelines, and convincing customers to modify platforms.

Featured picture from Unsplash, chart from TradingView

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