**[Robinhood Acquires Licensed Indonesian Brokerage and Crypto Trader, Officially Enters Southeast Asian Market]** Odaily Planet Daily News: Robinhood will acquire Indonesian brokerage Buana Capital Sekuritas and licensed digital asset trader Pedagang Aset Kripto to enter the Indonesian market. The company stated that this move marks the platform's official entry into one of Southeast Asia's major crypto hubs. The transaction is expected to be completed in the first half of 2026, with the specific amount undisclosed. Indonesia is one of the leading regions globally in crypto asset adoption, driven by regulatory support and a youthful user base. Currently, there are over 19 million capital market investors and approximately 17 million registered crypto trading users in the country. Robinhood's Asia head Patrick Chan said that Indonesia's rapidly growing trading market aligns closely with the company's mission of "democratizing finance." By acquiring licensed brokerages and crypto traders, Robinhood will more easily meet local compliance requirements and accelerate the development of stock and digital asset-related businesses. Pieter Tanuri, the major shareholder of the two Indonesian companies, will serve as Robinhood's strategic advisor after the transaction is completed. Robinhood has reshaped retail trading in the U.S. with its zero-commission app model and was included in the S&P 500 index this year. The company also announced its entry into the prediction market this year. Its stock price has risen nearly 268% from early 2025 to December 4. (CNBC)