v3.26.1
Goodwill and Intangible Assets, Net (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in goodwill for the periods presented consisted of the following (in thousands):
Balance as of December 31, 2023
Goodwill$1,579,265 
Accumulated Impairment(1,511,264)
68,001 
Balance as of December 31, 2024
Goodwill$1,579,265 
Accumulated Impairment(1,511,264)
68,001 
Sale of Bakkt Trust(3,343)
Balance as of December 31, 2025
Goodwill1,575,922 
Accumulated Impairment(1,511,264)
$64,658 
Schedule of Finite-Lived Intangible Assets
Intangible assets consisted of the following (in thousands):
December 31, 2025
Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount		Accumulated
Amortization		ImpairmentNet
Carrying
Amount
Trademarks / trade namesIndefinite2,900 — — 2,900 
Domain namesIndefinite2,650 — — $2,650 
Total$5,550 $— $— $5,550 
December 31, 2024
Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount		Accumulated
Amortization		ImpairmentNet
Carrying
Amount
Trademarks / trade namesIndefinite2,900 — — 2,900 
Total$2,900 $— $— $2,900 
Schedule of Indefinite-Lived Intangible Assets
Intangible assets consisted of the following (in thousands):
December 31, 2025
Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount		Accumulated
Amortization		ImpairmentNet
Carrying
Amount
Trademarks / trade namesIndefinite2,900 — — 2,900 
Domain namesIndefinite2,650 — — $2,650 
Total$5,550 $— $— $5,550 
December 31, 2024
Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount		Accumulated
Amortization		ImpairmentNet
Carrying
Amount
Trademarks / trade namesIndefinite2,900 — — 2,900 
Total$2,900 $— $— $2,900