Robinhood's Indonesia acquisitions build a regional triangle for stocks and crypto access

In early December, Robinhood said it would acquire Indonesian brokerage PT Buana Capital Sekuritas and licensed crypto trader PT Pedagang Aset Kripto, with closing targeted for the first half of 2026. The deals give Robinhood an entry into a market with more than 19 million capital-market investors and around 17 million crypto traders, while linking local licenses to its existing Bitstamp license in Singapore. The company aims to route stocks and digital assets through one app for young, mobile-first users in emerging markets with clearer but strict regulatory regimes.