Overview
- Robinhood signed definitive agreements to buy PT Buana Capital Sekuritas and PT Pedagang Aset Kripto to establish a licensed presence in equities and digital assets.
- The purchases are subject to approval by Indonesia’s Financial Services Authority (OJK) and other regulators, and the company guides to completion in H1 2026.
- Financial terms were not disclosed, and majority owner Pieter Tanuri will stay on as a strategic adviser after closing.
- Robinhood says it will continue servicing Buana Capital’s existing clients and later introduce access to U.S. stocks, cryptocurrencies, and other products via its global platform.
- Indonesia counts more than 19 million capital market investors and about 17 million crypto users, making acquisition-led entry a faster route to compliance and scale.