Robinhood, a popular trading platform in the U.S., plans to offer cryptocurrency services in Singapore by late 2025. According to a Bloomberg report , Robinhood aims to reach the growing Asia Pacific market with its move. Notably, Robinhood wants to take advantage of Singapore’s position as a global digital assets hub. Robinhood Expansion of Operations The company will use Bitstamp’s licenses to help it enter the market after acquiring the European cryptocurrency exchange in the first half of 2025. With the acquisition, Robinhood can offer cryptocurrency trading in Singapore. This is important because Singapore is a leading hub for digital assets and has a strong regulatory framework. Furthermore, the country’s cryptocurrency rules are some of the most advanced, making it an appealing location for global companies wanting to enter the crypto market. Likewise, Robinhood’s cryptocurrency introduction in Singapore is an important step toward expanding beyond stock and options trading. While the financial service provider has yet to set an exact launch date, it has positioned itself to meet the growing interest in digital assets in the region. Undoubtedly, the move will pave the way for further growth and innovation in the Asia Pacific region. Robinhood Expand Crypto Offerings in New York Recall that the online financial technology broker expanded its cryptocurrency offerings for New York residents last year. As reported by TheCoinRise, the American financial services company added three new assets: Uniswap (UNI), Stellar (XLM), and Tezos (XTZ). As such, Robinhood now supports 14 cryptocurrencies for users in the state. However, it continues the push to broaden the range of digital assets available to its customers. With the move, Robinhood solidified its position as a key player in the cryptocurrency market, particularly in states with stricter regulatory environments. The expansion is expected to attract new and existing users. Singapore Attracts Crypto Businesses It is worth noting that other players in the crypto industry, including BitGo, Crypto.com, Coinbase, and Ripple, have also made significant strides in the Singaporean market. BitGo, a crypto custody business, received in-principle approval from the Monetary Authority of Singapore (MAS), aligning with the growing trend of established crypto firms in the region. On the other hand, Circle has revealed a collaboration with Grab Singapore to expand its presence in the region. Furthermore, Ripple Labs also confirmed getting a Major Payment Institution (MPI) license from the authorities in the city-state. The post Robinhood To Expand Crypto Services To Singapore appeared first on TheCoinrise.com .
