Robinhood Crypto Seeks To Expand Its Products In Singapore By Late 2025
Robinhood Crypto is set to introduce its services in Singapore by late 2025, leveraging its recent acquisition of European crypto exchange Bitstamp.
| Key Takeaways: – Robinhood crypto services are expected to launch in Singapore by late 2025, utilizing its recent acquisition of Bitstamp, which holds a Singaporean license. – The acquisition of Bitstamp, valued at $200 million, will enable Robinhood to operate under Singapore’s regulatory framework for digital assets. |
According to Johann Kerbrat, vice president and general manager of Robinhood Crypto, the company is working on rolling out its crypto offerings in Singapore, though no official launch date has been confirmed.
Robinhood crypto products will be offered through Bitstamp, which it acquired in June 2024 in a $200 million deal. The key driver behind the acquisition was Bitstamp’s Singaporean license, which enables Robinhood Crypto to operate within the country’s strict regulatory framework.
Kerbrat emphasized that the crypto launch is expected to follow soon after the Bitstamp acquisition is finalized in the first half of this year, pending regulatory approval. This timeline aligns with Robinhood’s broader strategy to strengthen its presence in Asia, with Singapore as its base for regional operations.
The move comes as Singapore competes with Hong Kong to position itself as the leading digital asset hub in the Asia-Pacific region. Both cities are attracting major players in the crypto industry, with Singapore offering a comprehensive regulatory framework for digital asset businesses.
Robinhood has been rapidly expanding its crypto offerings globally. In addition to its plans for Singapore, the company launched crypto trading in Europe in late 2023 and introduced US equity options trading for UK customers in February 2025.
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
