Robinhood Eyes Indonesia Market As Local Crypto Adoption Surges

Robinhood Markets Inc. has agreed to acquire two Indonesian licensed companies as it prepares to enter one of Asia’s fastest growing retail markets.

The deals would include the acquisition of PT Buana Capital Sekuritas, a brokerage, and PT Pedagang Aset Kripto, a licensed crypto trading platform. statement released Sunday evening by the California-based company.

When asked how the company is planning operations during the transition period, a Robinhood spokesperson said Declutter it had “no further integration plans to share” and confirmed that the deals are expected to close in the first half of 2026.

Indonesia “represents a fast-growing trading market, making it an exciting place to advance Robinhood’s mission to democratize finance for all,” Patrick Chan, head of Asia at Robinhood, said in the statement.

Declutter has asked Bursa Efek Indonesia, the country’s stock exchange, for comment; Otoritas Jasa Keuangan, the financial regulator overseeing capital markets and digital assets; and Bappebti, the former crypto trading regulator under the Ministry of Commerce.

Robinhood made no further comment.

Indonesia’s digital assets and financial technology sector has grown rapidly in recent years, supported by increasing mobile payments and investment activities.

According to Google’s e-Conomy SEA 2025, the country’s digital economy is expected to reach approximately $99 billion by 2025. reportwith digital payments alone expected to rise from $340 billion in 2023 to $538 billion in 2025.

Indonesia also shows widespread adoption of digital financial services.

That of the World Bank Global Findex 2025 The report notes that financial account ownership has increased globally, with digital payments becoming the most widely used formal financial service in low- and middle-income economies.

Account ownership in Indonesia has risen from about 20% of adults in 2011 to roughly 60% in 2024, due to an expansion in access to formal financial services, the report said.

However, the World Bank also notes that Indonesia still accounts for a significant share of unaccounted adults, and is one of the larger contributors within East Asia and the Pacific alongside China.

Robinhood’s entry could close some of these gaps by expanding access to low-cost trading and investing tools, although the effect would depend on how quickly Indonesians could adopt its products and how regulators would enforce a new licensing framework.

In July, Indonesia new rules introduced which increased taxes on crypto transactions and brought digital assets under the supervision of the financial sector. Offshore transactions are now taxed at 1%, while domestic transactions face a 0.21% levy.

Regulators also abolished value-added tax on crypto sales and reclassified digital assets as financial instruments under the supervision of Otoritas Jasa Keuangan.

According to the 2025, Indonesia remains one of the top markets in the world for crypto adoption Global Crypto Adoption Index by Chainalysis. Meanwhile, the Asia-Pacific region leads worldwide.