v3.24.1.u1
CUSTOMER ASSETS AND LIABILITIES (Tables)
 3 Months Ended
Mar. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of customers' cash and crypto positions
The following table presents customers’ cash and safeguarded crypto positions (in thousands):
March 31,December 31,
20242023
Customer custodial funds$5,201,906 $4,570,845 
Safeguarding customer crypto assets329,506,477 192,583,060 
Total customer assets$334,708,383 $197,153,905 
Customer custodial cash liabilities$5,201,906 $4,570,845 
Safeguarding customer crypto liabilities329,506,477 192,583,060 
Total customer liabilities$334,708,383 $197,153,905 
Platform operator, crypto-asset
The following table sets forth the fair values of Safeguarding customer crypto assets as shown on the Condensed Consolidated Balance Sheets (in thousands, except percentages):
March 31, 2024December 31, 2023
Fair Value
Percentage of Total
Fair Value
Percentage of Total
Bitcoin$156,528,307 48 %$89,864,637 47 %
Ethereum62,873,141 19 %40,200,059 21 %
Solana24,304,478 7 %12,906,278 6 %
Other crypto assets(1)
85,800,551 26 %49,612,086 26 %
Total safeguarding customer crypto assets$329,506,477 100 %$192,583,060 100 %
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(1)Includes various other crypto assets balances, none of which individually represented more than 5% of total Safeguarding customer crypto assets.