Robinhood Plans to Launch Crypto Services in Singapore by 2025
Altcoins/Crypto News

Robinhood Plans to Launch Crypto Services in Singapore by 2025

Robinhood aims to establish its crypto offerings in Singapore, leveraging Bitstamp's licenses for market entry by late 2025.

California-based Robinhood is preparing to enter the Asian market by launching crypto services in Singapore by late 2025. They are considering establishing a headquarters in Singapore to meet the increasing demand for digital assets in the region.

Johann Kerbrat, Vice President and General Manager of Robinhood Crypto, confirmed the expansion to Bloomberg News. The company had previously announced its intention to grow in the Asia-Pacific region during the fourth quarter result presentation.

According to a Bloomberg report from February 18, 2025, Robinhood is set to introduce its crypto offerings in Singapore in collaboration with Bitstamp, a European digital-assets exchange.

Robinhood Expanding Crypto Services to Singapore in 2025
Robinhood plans to enter the Singapore crypto market next year, leveraging Bitstamp’s licensed entities for operations. Services could potentially commence by late 2025.

In June 2024, Robinhood announced its acquisition of Bitstamp for $200 million, which is expected to finalize in the first half of 2025. The Monetary Authority of Singapore (MAS) has given Bitstamp in-principle approval for digital token payment services that Robinhood intends to utilize for its market entry.

The existing licenses held by Bitstamp not only in Singapore but across several EU countries reinforce Robinhood’s strategy to navigate regulatory challenges while complying with local laws. Singapore is positioning itself as a critical player in the Asia-Pacific digital asset ecosystem, making Robinhood’s choice of base strategically advantageous.

Key Takeaways

  • Robinhood’s Johann Kerbrat confirmed the Singapore launch will align with local regulations, expected after finalizing the Bitstamp acquisition in the first half of 2025.
  • Robinhood is expanding its cryptocurrency operations worldwide, having launched services in Europe and introduced equity options trading for UK customers recently.
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