Singapore Primed as Next Crypto Hub for Robinhood

Robinhood is preparing to enter the Singapore crypto market in 2025, leveraging its recent $200 million acquisition of Bitstamp. The platform aims to expand its digital asset offerings in Asia, taking advantage of Singapore’s pro-crypto regulatory environment.

According to a Bloomberg interview with Johann Kerbrat, VP of Robinhood Crypto, the company intends to roll out its services with local regulatory guidance, though no official launch date has been set.

Bitstamp already holds an in-principle approval from the Monetary Authority of Singapore, which will facilitate the rollout. “Part of the reason why Bitstamp was attractive was because of their licenses with Singapore, in addition to its institutional business,” Kerbrat said.

Singapore is positioning itself as a leading crypto hub in the Asia-Pacific region, competing with Hong Kong for global blockchain businesses. Robinhood’s expansion comes amid a surging digital asset market, fueled by President Trump’s pro-crypto stance.

This move is part of Robinhood’s broader international strategy, which includes crypto trading in Europe and upcoming expansions in Asia. The company’s record-breaking Q4 2024 revenue of $1 billion further underscores its strong momentum in the digital finance sector.

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