United States Commission-Free Brokerage $122 Billion Robinhood to Launch in Indonesia via 2 Acquisitions from Indonesia Businessman Pieter Tanuri with 1) Indonesia Brokerage Firm PT Buana Capital Sekuritas & 2) Indonesia Digital Financial Asset Trader PT Pedagang Aset Kripto, Pieter Tanuri (Majority Owner of PT Buana Capital & PT Pedagang Aset Kripto) Will Stay as Strategic Advisor to Robinhood, Indonesia Has 19 Million Capital Market Investors & 17 Million Crypto Investors
9th December | Hong Kong
United States commission-free brokerage Robinhood ($122 billion market value) is launching in Indonesia via 2 acquisitions from Indonesia businessman Pieter Tanuri with 1) Indonesia brokerage firm PT Buana Capital Sekuritas & 2) Indonesia digital financial asset trader PT Pedagang Aset Kripto. Pieter Tanuri (Majority owner of both PT Buana Capital & PT Pedagang Aset Kripto) will stay as strategic advisor to Robinhood. Robinhood reports Indonesia has 19 million capital market investors and 17 million crypto investors. Announcement (7/12/25): “Robinhood Markets, Inc. has entered into agreements to acquire PT Buana Capital Sekuritas, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader. These acquisitions will mark Robinhood’s entry into Indonesia, accelerating our expansion across Southeast Asia and globally. With more than 19 million capital market investors and 17 million crypto investors, Indonesia is a compelling market for equities and crypto trading. Pieter Tanuri, the majority owner of Buana Capital and PT Pedagang Aset Kripto, will stay on as a strategic advisor to Robinhood. Following the acquisition of Buana Capital, we’ll continue to serve its brokerage customers with Indonesian financial products. Over time, we hope to also offer Robinhood brokerage and crypto trading products and connect Indonesian customers to US equities, cryptocurrencies, and more at scale. Each acquisition is subject to customary closing conditions, including approval from the Indonesian Financial Services Authority (Otoritas Jasa Keuangan, OJK) and other regulatory approvals, and both are expected to close in the first half of 2026.” In 2025 September, Robinhood submitted regulatory filing to launch a new NYSE-listed (New York Stock Exchange) venture capital fund (Robinhood Ventures Fund I, RVI) for retail investors, managed by new subsidiary Robinhood Ventures. Robinhood current market value at $102 billion, with share price +191.1% YTD, +417% last 12 months & +226.6% last 5 years. In 2025 July, Robinhood was being investigated (via Subpoena) by United States Florida Attorney General for misleading customers by claiming to be the least expensive platform to buy crypto. In 2025 July, Robinhood announced the launch of 1) 200+ United States Stock Tokens (Robinhood Stock Tokens) & ETF Tokens in European Union (EU) with no commissions or added dpreads, dividend support & 24 hours / 5 days access, with Robinhood European app transiting from crypto-only app to all-in-one investment app, 2) Will launch Crypto Perpetual Futures with 3x leverage in EU end of 2025 summer, and 3) Launches Crypto Staking in United States (US), EU & European Economic Area (EEA). In 2025 February, United States commission-free brokerage Robinhood was planning to launch crypto trading services in Singapore in 2025 2H via Europe digital-assets exchange Bitstamp (Acquired in 2024 June for $200 million). In 2025 January, the United States Securities and Exchange Commission (SEC) fined commission-free brokerage Robinhood broker-dealers $45 million for multiple failures including failing to investigate & file suspicious transactions, adequately protect customers from identity theft, addressed cybersecurity vulnerability resulting in 3rd-party obtaining & downloading information of millions of individuals, maintained & preserved electronic communications, keeping brokerage data & maintaining customer communications, failed to provide electronic blue sheet data for 5 years, and failed to comply with stock lending & fractional share trading programs designed to address abusive short selling practices. In 2024 September, Robinhood will be paying $3.9 million settlement to United States California state for disallowing clients to withdraw cryptocurrency from 2018 to 2022. In 2024 May, the United States Securities & Exchange Commission (SEC) issued a warning of enforcement action to commission-free brokerage Robinhood for listing crypto tokens which are considered by SFC as securities. The United States SEC views crypto tokens as securities and are required to be registered. In 2022, FTX Founder Sam Bankman-Fried & CTO Gary Wang had borrowed $546 million from Alameda Research via Emergent Fidelity Technologies (EFT) to buy 8% of commission free brokerage Robinhood in May 2022, with Sam Bankman-Fried owning 90% of Emergent Fidelity Technologies and Gary Wang owning 10% of Emergent Fidelity Technologies. The transactions were detailed in an affidavit that surfaced during a dispute in the United Sates bankruptcy court (27/12/22). In 2022 August, Robinhood announced 23% job cuts of 780 staffs (2/8/22), with Robinhood CEO Vlad Tenev acknowledging over-hiring having forecast the 2020 & 2021 market conditions would had last longer. In 2021, Robinhood IPO on NASDAQ at a market capitalisation of $32 billion ($38) with share price dropping 8% on day 1 (29/7/21: Closing $34.82, $29 billion market cap). The IPO also turned founders Stanford University roommates Vlad Tenev (Age 34, CEO & President) and Baiju Bhatt (Age 36, Chief Creative Officer & Director) into billionaires with $2.1 billion and $2.4 billion each. The IPO underwriters are Goldman Sachs and JP Morgan Chase, with 20% to 35% of shares allocated to Robinhood users, selling 52.4 million of shares and raising $2 billion in IPO proceeds. Robinhood was founded in 2013 by Vlad Tenev & Baiju Bhatt.
“ United States Commission-Free Brokerage $122 Billion Robinhood to Launch in Indonesia via 2 Acquisitions from Indonesia Businessman Pieter Tanuri with 1) Indonesia Brokerage Firm PT Buana Capital Sekuritas & 2) Indonesia Digital Financial Asset Trader PT Pedagang Aset Kripto, Pieter Tanuri (Majority Owner of PT Buana Capital & PT Pedagang Aset Kripto) Will Stay as Strategic Advisor to Robinhood, Indonesia Has 19 Million Capital Market Investors & 17 Million Crypto Investors “
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Patrick Chan, Head of Asia at Robinhood: “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.”
Robinhood Markets – Robinhood Markets, Inc. (NASDAQ: HOOD) transformed financial services by introducing commission-free stock trading and democratizing access to the markets for millions of investors. Today, Robinhood, through its subsidiaries, lets you trade stocks, options, futures (which includes event contracts), and crypto, invest for retirement, earn with Robinhood Gold, and access an expert-managed portfolio with Robinhood Strategies. Headquartered in Menlo Park, California, Robinhood puts customers in the driver’s seat, delivering unprecedented value and products intentionally designed for a new generation of investors.
United States Commission-Free Brokerage $102 Billion Robinhood to Launch New NYSE-Listed Venture Capital Fund (Robinhood Ventures Fund I, RVI) for Retail Investors Managed by New Subsidiary Robinhood Ventures, Robinhood Current Market Value at $102 Billion, Share Price +191.1% YTD, +417% Last 12 Months & +226.6% Last 5 Years
16th September – United States commission-free brokerage Robinhood ($102 billion market value) has submitted regulatory filing to launch a new NYSE-listed (New York Stock Exchange) venture capital fund (Robinhood Ventures Fund I, RVI) for retail investors, managed by new subsidiary Robinhood Ventures. Robinhood current market value at $102 billion, with share price +191.1% YTD, +417% last 12 months & +226.6% last 5 years. In 2025 July, Robinhood is being investigated (via Subpoena) by United States Florida Attorney General for misleading customers by claiming to be the least expensive platform to buy crypto. In 2025 July, Robinhood announced the launch of 1) 200+ United States Stock Tokens (Robinhood Stock Tokens) & ETF Tokens in European Union (EU) with no commissions or added dpreads, dividend support & 24 hours / 5 days access, with Robinhood European app transiting from crypto-only app to all-in-one investment app, 2) Will launch Crypto Perpetual Futures with 3x leverage in EU end of 2025 summer, and 3) Launches Crypto Staking in United States (US), EU & European Economic Area (EEA). In 2025 February, United States commission-free brokerage Robinhood is planning to launch crypto trading services in Singapore in 2025 2H via Europe digital-assets exchange Bitstamp (Acquired in 2024 June for $200 million). In 2025 January, the United States Securities and Exchange Commission (SEC) has fined commission-free brokerage Robinhood broker-dealers $45 million for multiple failures including failing to investigate & file suspicious transactions, adequately protect customers from identity theft, addressed cybersecurity vulnerability resulting in 3rd-party obtaining & downloading information of millions of individuals, maintained & preserved electronic communications, keeping brokerage data & maintaining customer communications, failed to provide electronic blue sheet data for 5 years, and failed to comply with stock lending & fractional share trading programs designed to address abusive short selling practices. In 2024 September, Robinhood will be paying $3.9 million settlement to United States California state for disallowing clients to withdraw cryptocurrency from 2018 to 2022. In 2024 May, the United States Securities & Exchange Commission (SEC) issued a warning of enforcement action to commission-free brokerage Robinhood for listing crypto tokens which are considered by SFC as securities. The United States SEC views crypto tokens as securities and are required to be registered. In 2022, FTX Founder Sam Bankman-Fried & CTO Gary Wang had borrowed $546 million from Alameda Research via Emergent Fidelity Technologies (EFT) to buy 8% of commission free brokerage Robinhood in May 2022, with Sam Bankman-Fried owning 90% of Emergent Fidelity Technologies and Gary Wang owning 10% of Emergent Fidelity Technologies. The transactions were detailed in an affidavit that surfaced during a dispute in the United Sates bankruptcy court (27/12/22). In August 2022, Robinhood announced 23% job cuts of 780 staffs (2/8/22), with Robinhood CEO Vlad Tenev acknowledging over-hiring having forecast the 2020 & 2021 market conditions would had last longer. In 2021, Robinhood IPO on NASDAQ at a market capitalisation of $32 billion ($38) with share price dropping 8% on day 1 (29/7/21: Closing $34.82, $29 billion market cap). The IPO also turned founders Stanford University roommates Vlad Tenev (Age 34, CEO & President) and Baiju Bhatt (Age 36, Chief Creative Officer & Director) into billionaires with $2.1 billion and $2.4 billion each. The IPO underwriters are Goldman Sachs and JP Morgan Chase, with 20% to 35% of shares allocated to Robinhood users, selling 52.4 million of shares and raising $2 billion in IPO proceeds. Robinhood was founded in 2013 by Vlad Tenev & Baiju Bhatt.
United States Commission-Free Brokerage Robinhood Launches 1) 200+ United States Stock Tokens (Robinhood Stock Tokens) & ETF Tokens in European Union (EU) with No Commissions or Added Spreads, Dividend Support & 24 Hours / 5 Days Access, Robinhood European App Transits from Crypto-Only App to All-in-One Investment App, 2) Will Launch Crypto Perpetual Futures with 3x Leverage in EU End of 2025 Summer, and 3) Launches Crypto Staking in United States (US), EU & European Economic Area (EEA)
2nd July – United States commission-free brokerage Robinhood has announced the launch of 1) 200+ United States Stock Tokens (Robinhood Stock Tokens) & ETF Tokens in European Union (EU) with no commissions or added dpreads, dividend support & 24 hours / 5 days access, with Robinhood European app transiting from crypto-only app to all-in-one investment app, 2) Will launch Crypto Perpetual Futures with 3x leverage in EU end of 2025 summer, and 3) Launches Crypto Staking in United States (US), EU & European Economic Area (EEA). In 2025 February, United States commission-free brokerage Robinhood is planning to launch crypto trading services in Singapore in 2025 2H via Europe digital-assets exchange Bitstamp (Acquired in 2024 June for $200 million). In 2025 January, the United States Securities and Exchange Commission (SEC) has fined commission-free brokerage Robinhood broker-dealers $45 million for multiple failures including failing to investigate & file suspicious transactions, adequately protect customers from identity theft, addressed cybersecurity vulnerability resulting in 3rd-party obtaining & downloading information of millions of individuals, maintained & preserved electronic communications, keeping brokerage data & maintaining customer communications, failed to provide electronic blue sheet data for 5 years, and failed to comply with stock lending & fractional share trading programs designed to address abusive short selling practices. In 2024 September, Robinhood will be paying $3.9 million settlement to United States California state for disallowing clients to withdraw cryptocurrency from 2018 to 2022. In 2024 May, the United States Securities & Exchange Commission (SEC) issued a warning of enforcement action to commission-free brokerage Robinhood for listing crypto tokens which are considered by SFC as securities. The United States SEC views crypto tokens as securities and are required to be registered. In 2022, FTX Founder Sam Bankman-Fried & CTO Gary Wang had borrowed $546 million from Alameda Research via Emergent Fidelity Technologies (EFT) to buy 8% of commission free brokerage Robinhood in May 2022, with Sam Bankman-Fried owning 90% of Emergent Fidelity Technologies and Gary Wang owning 10% of Emergent Fidelity Technologies. The transactions were detailed in an affidavit that surfaced during a dispute in the United Sates bankruptcy court (27/12/22). In August 2022, Robinhood announced 23% job cuts of 780 staffs (2/8/22), with Robinhood CEO Vlad Tenev acknowledging over-hiring having forecast the 2020 & 2021 market conditions would had last longer. In 2021, Robinhood IPO on NASDAQ at a market capitalisation of $32 billion ($38) with share price dropping 8% on day 1 (29/7/21: Closing $34.82, $29 billion market cap). The IPO also turned founders Stanford University roommates Vlad Tenev (Age 34, CEO & President) and Baiju Bhatt (Age 36, Chief Creative Officer & Director) into billionaires with $2.1 billion and $2.4 billion each. The IPO underwriters are Goldman Sachs and JP Morgan Chase, with 20% to 35% of shares allocated to Robinhood users, selling 52.4 million of shares and raising $2 billion in IPO proceeds. (IPO ~ Initial Public Offering)
United States Commission-Free Brokerage Robinhood to Launch Crypto Trading Services in Singapore in 2025 2H via Europe Digital-Assets Exchange Bitstamp Acquired in 2024 June for $200 Million
20th February 2025 – United States commission-free brokerage Robinhood is planning to launch crypto trading services in Singapore in 2025 2H via Europe digital-assets exchange Bitstamp (Acquired in 2024 June for $200 million). In 2025 January, the United States Securities and Exchange Commission (SEC) has fined commission-free brokerage Robinhood broker-dealers $45 million for multiple failures including failing to investigate & file suspicious transactions, adequately protect customers from identity theft, addressed cybersecurity vulnerability resulting in 3rd-party obtaining & downloading information of millions of individuals, maintained & preserved electronic communications, keeping brokerage data & maintaining customer communications, failed to provide electronic blue sheet data for 5 years, and failed to comply with stock lending & fractional share trading programs designed to address abusive short selling practices. In 2024 September, Robinhood will be paying $3.9 million settlement to United States California state for disallowing clients to withdraw cryptocurrency from 2018 to 2022. In 2024 May, the United States Securities & Exchange Commission (SEC) issued a warning of enforcement action to commission-free brokerage Robinhood for listing crypto tokens which are considered by SFC as securities. The United States SEC views crypto tokens as securities and are required to be registered. In 2022, FTX Founder Sam Bankman-Fried & CTO Gary Wang had borrowed $546 million from Alameda Research via Emergent Fidelity Technologies (EFT) to buy 8% of commission free brokerage Robinhood in May 2022, with Sam Bankman-Fried owning 90% of Emergent Fidelity Technologies and Gary Wang owning 10% of Emergent Fidelity Technologies. The transactions were detailed in an affidavit that surfaced during a dispute in the United Sates bankruptcy court (27/12/22). In August 2022, Robinhood announced 23% job cuts of 780 staffs (2/8/22), with Robinhood CEO Vlad Tenev acknowledging over-hiring having forecast the 2020 & 2021 market conditions would had last longer. In 2021, Robinhood IPO on NASDAQ at a market capitalisation of $32 billion ($38) with share price dropping 8% on day 1 (29/7/21: Closing $34.82, $29 billion market cap). The IPO also turned founders Stanford University roommates Vlad Tenev (Age 34, CEO & President) and Baiju Bhatt (Age 36, Chief Creative Officer & Director) into billionaires with $2.1 billion and $2.4 billion each. The IPO underwriters are Goldman Sachs and JP Morgan Chase, with 20% to 35% of shares allocated to Robinhood users, selling 52.4 million of shares and raising $2 billion in IPO proceeds. (IPO ~ Initial Public Offering)
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