Overview
- Robinhood agreed to acquire PT Buana Capital Sekuritas and PT Pedagang Aset Kripto to establish a local presence across stocks and digital assets.
- Both transactions require approval from Indonesia’s Financial Services Authority and are expected to close in the first half of 2026.
- Financial terms were not disclosed, and majority owner Pieter Tanuri will remain involved as a strategic adviser to Robinhood.
- Robinhood plans to keep Buana Capital’s brokerage services in place while preparing to offer access to U.S. equities, cryptocurrencies, and other products through its global platform after closing.
- Indonesia’s market includes more than 19 million capital market investors and about 17 million crypto traders, offering a dual-licensing springboard for faster expansion.