Robinhood to enter Indonesia with brokerage, crypto trader acquisition

Core Insights - Robinhood Markets is set to acquire Indonesian brokerage firm Buana Capital Sekuritas and licensed digital asset trader Pedagang Aset Kripto, marking its entry into the Southeast Asian market [1] Company Summary - The acquisition signifies Robinhood's strategic expansion into international markets, particularly in Southeast Asia, which is experiencing growth in retail trading [1] Industry Summary - The move highlights the increasing interest in digital asset trading and the potential for growth in emerging markets like Indonesia, where retail trading is on the rise [1]