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Robinhood to Launch in Asia in 2025 With Singapore HQ.

Authors :
Smith, Paige
Source :
Bloomberg.com; 12/4/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Robinhood Markets Inc. is set to launch in Asia in 2025, with Singapore as its regional headquarters, according to CEO Vlad Tenev. The expansion follows the company's recent entry into the UK and its efforts to grow internationally. Singapore's appeal as a global wealth hub and its stable regulatory environment make it an attractive market for online brokerages like Robinhood. The move into Asia will bring Robinhood into competition with other international players like China's Tiger Brokers and Futu Holdings Ltd. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
181413654