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Robinhood has received in-principle approval (IPA) from the Monetary Authority of Singapore to offer brokerage services in the city-state, the company announced in a statement on April 23.
The approval paves the way for Robinhood to offer securities trading, exchange-traded derivatives, custody, product financing, and collective investment funds in Singapore. A full licence remains subject to Robinhood fulfilling specified conditions, with MAS reserving the right to rescind the approval if circumstances warrant.
"Singapore, here we come," Robinhood International and Crypto general manager Johann Kerbrat wrote on X. "Robinhood has received in-principle approval from MAS to offer brokerage services. We're excited to deepen our presence in SG, our APAC headquarters, and empower more investors across the globe."
Singapore, here we come. Robinhood has received in-principle approval (IPA) from MAS to offer brokerage services. We’re excited to deepen our presence in SG, our APAC headquarters and empower more investors across the globe. 🇸🇬
— Johann Kerbrat (@JohannKerbrat) April 23, 2026
Singapore already serves as Robinhood's Asia-Pacific headquarters. The company also has an existing foothold in the market through its subsidiary Bitstamp Asia Pte. Ltd., which holds a Major Payment Institution licence from MAS.
"Singapore's world-class regulatory environment, high rates of digital adoption, and growing population of retail investors make it the ideal hub for our mission," said Patrick Chan, Robinhood's head of Asia.
