Robinhood Markets received in-principle approval from the Monetary Authority of Singapore (MAS) to launch brokerage services. This approval marks the company’s expansion into the Asia-Pacific region.
The move enables Robinhood to offer trading for securities, exchange-traded derivatives, and collective investment funds.
Patrick Chan, Robinhood’s Head of Asia, cited Singapore’s regulatory environment and high digital adoption as key expansion drivers. The company aims to democratize financial markets for a growing population of local retail investors.