Robinhood is Coming to Indonesia

Robinhood is Coming to Indonesia

Robinhood has entered into agreements to acquire Indonesian brokerage PT Buana Capital Sekuritas and licensed digital asset trader PT Pedagang Aset Kripto

Robinhood Markets, Inc. has entered into agreements to acquire PT Buana Capital Sekuritas, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader. These acquisitions will mark Robinhood's entry into Indonesia, accelerating our expansion across Southeast Asia and globally.

With more than 19 million capital market investorsand 17 million crypto investors, Indonesia is a compelling market for equities and crypto trading.

"Indonesia represents a fast-growing market for trading, making it an exciting place to further Robinhood's mission to democratize finance for all," said Patrick Chan, Head of Asia at Robinhood. "We look forward to bringing Indonesians the same innovative services that have earned the trust of Robinhood customers globally."

Pieter Tanuri, the majority owner of Buana Capital and PT Pedagang Aset Kripto, will stay on as a strategic advisor to Robinhood.

Following the acquisition of Buana Capital, we'll continue to serve its brokerage customers with Indonesian financial products. Over time, we hope to also offer Robinhood brokerage and crypto trading products and connect Indonesian customers to US equities, cryptocurrencies, and more at scale.

Each acquisition is subject to customary closing conditions, including approval from the Indonesian Financial Services Authority (Otoritas Jasa Keuangan, OJK) and other regulatory approvals, and both are expected to close in the first half of 2026.

About Robinhood Markets, Inc.

Robinhood Markets, Inc. (NASDAQ: HOOD) transformed financial services by introducing commission-free stock trading and democratizing access to the markets for millions of investors. Today, Robinhood, through its subsidiaries, lets you trade stocks, options, futures (which includes event contracts), and crypto, invest for retirement, earn with Robinhood Gold, and access an expert-managed portfolio with Robinhood Strategies. Headquartered in Menlo Park, California, Robinhood puts customers in the driver's seat, delivering unprecedented value and products intentionally designed for a new generation of investors. Additional information about Robinhood can be found at www.robinhood.com.

This blog post includes forward-looking statements regarding the proposed acquisitions of PT Buana Capital Sekuritas and PT Pedagang Aset Kripto, business expansion plans, future products and services, and anticipated closing timing. Actual results may differ materially due to various risks and uncertainties, including the satisfaction of closing conditions, regulatory approvals, maintenance of applicable regulatory licenses, integration challenges, and other factors described in Robinhood Markets, Inc.'s filings with the Securities and Exchange Commission. Robinhood undertakes no obligation to update these statements, except as required by law.