Robinhood is set to expand its crypto offerings to Singapore by the end of 2025, leveraging its recently acquired European exchange, Bitstamp. The company aims to launch its services in compliance with local regulations, allowing Singaporean users to access its crypto products through Bitstamp’s platform.
According to a Bloomberg report, Johann Kerbrat, Robinhood’s vice president and general manager of Robinhood Crypto, confirmed that while the exact launch date is still undecided, the company is targeting late 2025 for the official rollout.
The move comes after Robinhood’s acquisition of Bitstamp in June 2024 for $200 million. Kerbrat explained that one of the key reasons for acquiring Bitstamp was the exchange’s existing license in Singapore, which had secured in-principle approval from the Monetary Authority of Singapore (MAS) in 2024. Bitstamp’s Singaporean license will help Robinhood navigate the local regulatory landscape as it rolls out its crypto services in the region.
The acquisition deal for Bitstamp is expected to close in the first half of 2025, pending regulatory approval. Following the completion of this acquisition, Robinhood plans to launch its crypto products in Singapore shortly thereafter.
Expanding into Asia
This announcement aligns with Robinhood’s broader strategy to expand its operations in Asia. In December 2024, the firm revealed its intentions to establish a significant presence in the region, starting with Singapore as its main office. Robinhood is also working toward securing additional licenses across Asia as part of its push to tap into the growing demand for crypto services in the region.
Robinhood has already been expanding its reach in Europe, launching new features for users in the region throughout 2023. In January 2025, it introduced its crypto services in Spain, marking another milestone in its global expansion. Additionally, Robinhood began offering US equity options trading to UK customers in February 2025.
Despite its global growth, Robinhood has faced regulatory challenges at home. In January 2025, the company agreed to pay a $45 million settlement to the U.S. Securities and Exchange Commission (SEC) after the agency claimed the firm violated securities laws multiple times.
As Robinhood continues to scale internationally, its Singapore launch represents a critical step in its strategy to become a major player in the global cryptocurrency market.
