Key Notes

Robinhood is acquiring two Indonesian firms.

Indonesia has around 19 million retail investors and 17 million crypto users.

Robinhood’s arrival could shake up both stock and crypto trading in Southeast Asia.

The US-based trading giant Robinhood is officially entering Indonesia after acquiring local brokerage and crypto firms to reshape Southeast Asia’s retail finance scene.

The broker officially announced that it has acquired two local firms: the Buana Capital Sekuritas brokerage and the licensed crypto-trading platform PT Pedagang Aset Kripto.

Robinhood is coming to Indonesia. We're excited to work with the Buana Capital and PT Pedagang Aset Kripto teams to democratize finance for this fast-growing market.

Indonesia already has more than 19 million capital market investo

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