USDB (usdb) 
Robinhood Set to Launch Crypto Products in Singapore This Year
Robinhood, a popular online brokerage firm, is planning to introduce its crypto products in Singapore by the end of 2025. According to Johann Kerbrat, vice president and general manager of Robinhood Crypto, the company has not yet determined an official launch date but aims to roll out its crypto services to Singaporean users under local regulations.
The firm’s crypto products will be offered through Bitstamp, a European crypto exchange that Robinhood acquired in June 2024 for $200 million. Kerbrat explained that one of the reasons behind the acquisition was Bitstamp’s Singaporean license, which will serve as a gateway for Robinhood to expand its services into the Singaporean market under the guidance of local regulators.
Bitstamp’s Singaporean License
Bitstamp had received an in-principle approval from the Monetary Authority of Singapore last year, paving the way for Robinhood’s expansion into the Asian market. According to Kerbrat, Robinhood is expected to close the Bitstamp acquisition deal in the first half of this year, following regulatory approval. The launch of Robinhood’s crypto products in Singapore is expected to follow a few months after the deal is signed.
In December 2024, Robinhood announced its plans to expand its trading business into Asia in 2025, with Singapore as its main office. The firm also aims to secure licenses in other parts of Asia as part of its expansion efforts.
Robinhood’s Global Expansion
In late 2023, Robinhood began its European expansion by introducing features to users across the region. In February this year, the firm also began offering US equity options trading for UK customers. Recently, Robinhood launched its crypto services in Spain in January 2025.
However, the firm faced a setback in January 2025, agreeing to pay a $45 million settlement with the United States Securities and Exchange Commission (SEC) after the government agency claimed Robinhood’s broker-dealer entities committed over 10 violations of securities law provisions.
Robinhood’s expansion into the Singaporean market is expected to bring more crypto investment opportunities to users in the region. As the firm continues to grow its presence in Asia, it remains to be seen how it will navigate the complex regulatory landscape.
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