Overview
- Robinhood signed agreements to acquire PT Buana Capital Sekuritas and PT Pedagang Aset Kripto, with both deals requiring approval from Indonesia’s Financial Services Authority and targeted to close in the first half of 2026.
- Financial terms of the transactions were not disclosed.
- Pieter Tanuri, the majority owner of both Indonesian firms, will join as a strategic adviser.
- Robinhood plans to maintain Buana Capital’s existing brokerage services while preparing to offer access to U.S. equities, cryptocurrencies, and other products through its global platform.
- The acquisitions aim to secure immediate regulatory footing in a market with roughly 19 million capital market investors and 17 million crypto users, following Indonesia’s 2025 shift to tighter digital-asset oversight.