finance
Robinhood Receives In-Principle Approval from Singapore Regulator for Brokerage Services
Robinhood Markets has secured in-principle approval from the Monetary Authority of Singapore to offer brokerage services through its local entity. This allows trading in securities, derivatives, and other financial products. Singapore will serve as the company's Asia-Pacific headquarters.
Apr 23, 1:56 PM·1m read1 source
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Robinhood Markets (NASDAQ: HOOD) received in-principle approval from the Monetary Authority of Singapore to offer brokerage services, Benzinga reported on 2026-04-23. The in-principle approval allows Robinhood to offer trading of securities, exchange-traded derivatives, custody, product financing, and collective investment funds through its local entity Robinhood Singapore Pte. Ltd.
' Singapore will serve as Robinhood’s Asia-Pacific headquarters. Robinhood’s subsidiary Bitstamp Asia Pte. Ltd. holds a Major Payment Institution license from the Monetary Authority of Singapore. The in-principle approval is not a full license at this stage.
The Monetary Authority of Singapore said a license will follow the in-principle approval.
