Robinhood Sets Sights on Singapore’s Crypto Market

What started as a $200 million European licensing shortcut for Robinhood is now evolving into something bigger. With Singapore’s regulators giving preliminary approval to Bitstamp’s crypto operations, the company has gained an unexpected edge—a gateway into the booming Asia-Pacific market.

For Robinhood, this is more than just a lucky break. It’s a calculated step in its long-term push for global dominance in the crypto space.

Part of the reason why Bitstamp was attractive was because of their licenses with Singapore, in addition to its institutional business,

Johann Kerbrat, vice president and general manager of Robinhood Crypto, remarked on occasion.

Robinhood’s plans to bring crypto to Singapore aren’t a done deal just yet. Everything depends on whether regulators give the green light to its Bitstamp acquisition, which is still being reviewed for competition law compliance. If no roadblocks appear, Singaporean users could see Robinhood’s crypto services go live within months.

At the same time, Singapore is making a major push to become the digital asset capital of Asia, competing fiercely with Hong Kong, Australia, and Indonesia. The government has been rolling out tax incentives and fine-tuning regulations to attract blockchain companies—not just in crypto but also in real-world asset tokenization.

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