Robinhood Expands into Indonesia with Dual Acquisition Strategy
Robinhood Markets makes its Southeast Asian debut through strategic acquisitions of PT Buana Capital Sekuritas and PT Pedagang Aset Kripto. The deals, pending regulatory approval, position the trading platform to tap into Indonesia's 19 million capital market investors and 17 million crypto traders.
The MOVE follows Robinhood's pattern of market-specific adaptations—retaining local leadership while integrating its proprietary trading infrastructure. Pieter Tanuri, current majority owner of both Indonesian firms, will transition to a strategic advisor role post-acquisition.
Indonesia's crypto adoption rate (41% of investors) outpaces traditional equities participation, creating fertile ground for Robinhood's hybrid brokerage model. The platform plans phased integration: maintaining existing services before introducing US equities and crypto trading capabilities.
