| Disclosure of other operating income [text block] |
6 Other revenues
The following table presents Other revenues by category for the year ended December 31, 2025, 2024 and 2023 (in thousands).
| | | Year Ended December 31, | |
| | | 2025 | | | 2024 | | | 2023 | |
| Transaction fee income(i) | | $ | 3,424 | | | $ | 2,203 | | | $ | 445 | |
| Subscription and services revenue(ii) | | | 155,517 | | | | 59,764 | | | | 14,896 | |
| Total Other revenues(iii) | | $ | 158,941 | | | $ | 61,967 | | | $ | 15,341 | |
| (i) | For the year ended December 31, 2025, 2024, and 2023, the Exchange recorded Transaction fee income from peer-to-peer spot trades of $1.8 million, $1.6 million, and $0.1 million, respectively. |
| (ii) | Includes interest income of $14.8 million, $12.3 million, and $12.0 million for the year ended December 31, 2025, 2024, and 2023, respectively. |
| (iii) | Includes interest income and other income from non-customers of $65.7 million, $12.3 million, and $12.0 million for the years ended December 31, 2025, 2024, and 2023, respectively. For 2025, $14.8 million relates to interest income (see footnote (ii)), with the remaining $50.9 million representing other income from non-customers. For 2024 and 2023, the amounts relate entirely to interest income. |
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