v3.24.1.u1
FAIR VALUE MEASUREMENTS - Schedule of fair value of assets and liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and cash equivalents $ 6,711,400 $ 5,139,351 $ 5,018,409
Fair Value 231,348 45,212  
Safeguarding customer crypto assets 329,506,477 192,583,060  
Derivative assets 44,214 30,577  
Crypto assets held for operations 63,600 0  
Fair Value 1,522,328    
Safeguarding customer crypto liabilities 329,506,477 192,583,060  
Derivative liabilities 150,104 21,913  
Obligation to return collateral 315,090 1,063  
Crypto assets held at cost excluded from fair value assets   404,700  
Deposits Held At Banks      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and cash equivalents 3,500,000 1,400,000  
Customer custodial funds 307,500 1,300,000  
Cash Held At Venues      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and cash equivalents 124,800 88,800  
Level 1 | Fair Value, Recurring      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash and cash equivalents 3,037,792 3,682,917  
Customer custodial funds 4,894,429 3,301,029  
Crypto asset loan receivables 0 0  
Fair Value 231,348 45,212  
Safeguarding customer crypto assets 0 0  
Derivative assets 0 0  
Crypto assets held for operations 150,630 74,103  
Crypto assets held as collateral 106,610 0  
Fair Value 1,522,328 330,610  
Total assets 9,943,137 7,433,871  
Safeguarding customer crypto liabilities 0 0  
Derivative liabilities 0 0  
Obligation to return collateral 106,610 0  
Total liabilities 106,610 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 asset loan receivables 196,141 22,229  
Fair Value 0 0  
Safeguarding customer crypto assets 329,506,477 192,583,060  
Derivative assets 44,214 30,577  
Crypto assets held for operations 0 0  
Crypto assets held as collateral 0 0  
Fair Value 0 0  
Total assets 329,746,832 192,635,866  
Safeguarding customer crypto liabilities 329,506,477 192,583,060  
Derivative liabilities 150,104 21,913  
Obligation to return collateral 0 0  
Total liabilities $ 329,656,581 $ 192,604,973