Robinhood Markets Inc. has announced plans to establish its regional headquarters in Singapore in 2025, as part of its expansion into Asia.
The company aims to serve customers across the Asian market, following its recent entry into the UK market. This move is seen as a strategic step in Robinhood's global growth strategy, as it seeks to diversify its growth opportunities amid a slowdown in trading activity in its home market.
Competitors like China's Tiger Brokers and Futu Holdings Ltd. are also expanding internationally.