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StocksOct 23, 2026, 8:24 AM

Robinhood gets DFSA authorisation for Middle East launch

Robinhood has been authorised by the Dubai Financial Services Authority to offer trading and custody in the Middle East, naming the DIFC as its regional headquarters ahead of a planned 2027 launch.

Robinhood Markets (NASDAQ: HOOD) has secured authorisation from the Dubai Financial Services Authority (DFSA) to bring its retail investing platform to the Middle East, and will establish its regional headquarters at the Dubai International Financial Centre (DIFC). The US-listed brokerage and crypto platform announced the approval yesterday.

The licence permits Robinhood to provide trading and custody — the safekeeping of client assets — across all ten asset classes recognised by the DFSA. Among the categories the company singled out are equities, crypto, exchange-traded funds and investment tokens, the latter referring to tokenised digital investment instruments.

Chief executive Vlad Tenev tied the expansion to the company's wider ambitions, saying: “The DIFC is one of the world’s most important financial hubs, and our expansion there brings us closer to building a global platform that enables anyone, anywhere to own the highest quality financial assets.”

Launch targeted for 2027

Robinhood expects to roll out its product suite in 2027. The regional operation will run from the DIFC under Salah Kaddoura, Senior Executive Officer and President of Robinhood MENA, who said appetite across the region for modern, accessible financial tools is substantial. Arif Amiri, chief executive of DIFC Authority, described the decision as reinforcing Dubai's standing as a global centre for financial innovation.

For brokers, liquidity providers and payment firms distributing retail trading products into the Gulf, the new entrant arrives as a US-listed, app-first operator with a locally regulated base. Packaging equities, crypto, ETFs and tokenised instruments inside a single application could challenge offerings built primarily around contracts for difference, as well as local brokers' pricing, client onboarding and product breadth.

Because the launch is not expected before 2027, incumbents appear to have a window to respond before Robinhood's pricing structure and product terms become public.

Source: LeapRate

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