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