Robinhood Eyes Indonesia Market as Local Crypto Adoption Soars

Robinhood Markets Inc. has agreed to acquire two licensed Indonesian firms as it prepares to enter one of Asia’s fastest-growing retail markets.

The deals would involve acquisitions of PT Buana Capital Sekuritas, a brokerage, and PT Pedagang Aset Kripto, a licensed crypto trading platform, according to a statement released by the California-based company on Sunday evening.

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