Robinhood Eyes Singapore Market with Ambitious Crypto Expansion by Late 2025
Edited by Matt Waller
In a move set to reshape the digital trading landscape in Asia, Robinhood is preparing to launch a suite of crypto offerings in Singapore by late 2025. Building on its recent acquisition of the renowned European crypto exchange Bitstamp, Robinhood is positioning itself to capture a growing segment of the Southeast Asian market—a region increasingly recognized as a hub for fintech innovation.
A Strategic Acquisition to Accelerate Expansion
In June 2024, Robinhood made headlines by acquiring Bitstamp in a $200 million deal. According to Johann Kerbrat, Vice President and General Manager of Robinhood Crypto, this acquisition wasn’t just about expanding market share—it was a strategic play to tap into Bitstamp’s coveted Singaporean license. Bi...