Robinhood Expands into Indonesia with Acquisitions of Buana Capital and Crypto Trader
Robinhood makes its Indonesian market debut through the acquisition of brokerage firm Buana Capital Sekuritas and licensed crypto trader Pedagang Aset Kripto. The deal, slated to close by mid-2026, signals the trading platform’s aggressive Asia-Pacific expansion. Financial terms remain undisclosed.
Pieter Tanuri, majority shareholder of both firms, will transition to a strategic advisory role, ensuring continuity and guiding Robinhood’s local integration. The MOVE capitalizes on Indonesia’s growing retail investor base and surging crypto adoption—a market ripe for disruption by commission-free trading models.