Indonesia’s OJK has granted official licenses to 29 digital asset and crypto trading platforms weeks after tightening rules, marking a key step in formalizing the sector. The move appears to clear a path for larger exchanges to consider entry or expansion.
Robinhood announced plans in December 2025 to expand into Indonesia, aiming to offer its equities and crypto platform to the country’s rapidly growing retail investor base. The move targets millions of potential users amid rising mobile adoption and crypto interest across Southeast Asia.
Robinhood Markets will acquire Indonesian brokerage Buana Capital Sekuritas and licensed digital asset trader Pedagang Aset Kripto, the company said in a Sunday blog post, marking its entry into a major Southeast Asian crypto market.