v3.22.4
FAIR VALUE MEASUREMENTS - Schedule of fair value of assets and liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Jan. 01, 2022
Dec. 31, 2021
Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Cash and cash equivalents $ 4,425,021   $ 7,123,478 $ 1,061,850
Derivative assets 3,838   345,429  
Crypto asset loan receivables 85,826   0  
Customer crypto assets 75,413,188 [1] $ 267,600,000 0 [1]  
Derivative liabilities 19,583   93,616  
Customer crypto liabilities 75,413,188 [2] $ 267,600,000 0 [2]  
Customer custodial funds excluded from fair value assets 3,000,000   7,100,000  
Crypto assets held at cost excluded from fair value assets 222,800   566,500  
Embedded Derivative Financial Instruments, Crypto Asset Borrowings        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Derivative assets 2,266   336,396  
Derivative liabilities 2,310   93,616  
Held in Deposit at Financial Institutions        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Cash and cash equivalents 2,000,000   2,100,000  
Held in Deposit at Venues        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Cash and cash equivalents 143,200   168,900  
Fair Value, Recurring        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Cash and cash equivalents 2,250,065   4,813,621  
Customer custodial funds 2,088,132   3,566,072  
Crypto assets held 201,565   421,685  
Derivative assets 3,838   345,429  
Crypto asset loan receivables 85,826      
Customer crypto assets 75,413,188      
Total assets 80,042,614   9,146,807  
Derivative liabilities 19,583   93,616  
Contingent consideration arrangement 1,855   14,828  
Customer crypto liabilities 75,413,188      
Total liabilities 75,434,626   108,444  
Fair Value, Recurring | Embedded Derivative Financial Instruments, Crypto Asset Borrowings        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Derivative assets 300   0  
Derivative liabilities 6,000   0  
Level 1 | Fair Value, Recurring        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Cash and cash equivalents 2,250,065   4,813,621  
Customer custodial funds 2,088,132   3,566,072  
Crypto assets held 201,565   0  
Derivative assets 0   0  
Crypto asset loan receivables 0      
Customer crypto assets 0      
Total assets 4,539,762   8,379,693  
Derivative liabilities 0   0  
Contingent consideration arrangement 0   0  
Customer crypto liabilities 0      
Total liabilities 0   0  
Level 2 | Fair Value, Recurring        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Cash and cash equivalents 0   0  
Customer custodial funds 0   0  
Crypto assets held 0   421,685  
Derivative assets 3,838   345,429  
Crypto asset loan receivables 85,826      
Customer crypto assets 75,413,188      
Total assets 75,502,852   767,114  
Derivative liabilities 19,583   93,616  
Contingent consideration arrangement 0   0  
Customer crypto liabilities 75,413,188      
Total liabilities 75,432,771   93,616  
Level 3 | Fair Value, Recurring        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Cash and cash equivalents 0   0  
Customer custodial funds 0   0  
Crypto assets held 0   0  
Derivative assets 0   0  
Crypto asset loan receivables 0      
Customer crypto assets 0      
Total assets 0   0  
Derivative liabilities 0   0  
Contingent consideration arrangement 1,855   14,828  
Customer crypto liabilities 0      
Total liabilities $ 1,855   $ 14,828  
[1] Safeguarding assets
[2] Safeguarding liabilities