PANews reported on December 5 that according to Bloomberg, Robinhood plans to expand into the Asian market in 2025 and will set up a regional headquarters in Singapore. CEO Vlad Tenev said at the Investor Day that the company will provide services to Asian customers, and this expansion is a further global layout after entering the UK market.
Robinhood also plans to obtain brokerage licenses in the Asia-Pacific region and launch more innovative products, including contract trading tied to specific events (such as sports events). This expansion will put Robinhood in direct competition with competitors in the Asian market such as Tiger Brokers and Futu Holdings, which have also accelerated their global expansion in recent years.
