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    Home»Financial Technology»Bitstamp by Robinhood Adds SGD and PayNow Support in Singapore
    Financial Technology

    Bitstamp by Robinhood Adds SGD and PayNow Support in Singapore

    FintechFetchBy FintechFetchOctober 29, 2025No Comments2 Mins Read
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    Bitstamp by Robinhood has launched native support for the Singapore Dollar (SGD), allowing customers in Singapore to fund and withdraw instantly via PayNow.

    The update also introduces a USD/SGD pair, giving users a local bridge into global crypto markets.

    The new feature lets customers convert between SGD and USD at competitive rates, providing transparent access to highly liquid USD-denominated assets.

    Bitstamp by Robinhood is licensed by the Monetary Authority of Singapore under the major payment institution framework, which allows it to offer regulated digital payment token services locally.

    The SGD rollout marks a step in the company’s broader Asia-Pacific strategy, positioning Singapore as a regional hub for market development, compliance, and partnerships.

    The platform runs on a Nasdaq-powered matching engine and holds ISO/IEC 27001 and SOC 2 Type 2 certifications, underscoring its focus on institutional-grade security and reliability.

    Johann Kerbrat
    Johann Kerbrat

    “Adding native SGD reflects our commitment to pairing global liquidity with local access, strengthening our market presence in Singapore and supporting the ongoing growth of our operations across Asia-Pacific”

    said Johann Kerbrat, Senior Vice President and General Manager of Robinhood Crypto.

    Robinhood completed its US$200 million acquisition of Luxembourg-based Bitstamp in June 2025, combining its consumer-focused platform with Bitstamp’s global infrastructure and institutional expertise.

     

     

    Featured image: Edited by Fintech News Singapore, based on image by Borin via Freepik



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