Robinhood will enter the Asian market next year, with its headquarters located in Singapore

ChainCatcher news, Robinhood Markets Inc. CEO Vlad Tenev stated that the company will enter the Asian market next year, with Singapore as its local base in the region. Tenev said, "We plan to serve customers across Asia soon."

Citigroup analyst Christopher Allen wrote in a report that Robinhood has been granted permission to expand its product offerings in the UK and announced plans to open a Asia-Pacific office in Singapore and obtain a brokerage license in the region.