Robinhood to acquire PT Buana Capital Sekuritas and PT Pedagang Aset Kripto.

Robinhood, an American financial services company providing investment solutions, agreed to acquire PT Buana Capital Sekuritas, an Indonesian securities firm, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader. Financial terms are not disclosed. “Indonesia represents a fast-growing market for trading, making it an exciting place to further Robinhood’s mission to democratize finance for all. We look forward to bringing Indonesians the same innovative services that have earned the trust of Robinhood customers globally,” Patrick Chan, Robinhood Head of Asia.