v3.26.1
Consolidated Statements of Financial Position - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Jan. 01, 2024
Current      
Cash and cash equivalents $ 91,234,090 $ 15,931,525 $ 5,086,256
Client cash deposits 5,615,054 10,665,147
Prepaid expenses and other assets 9,596,921 1,797,724 1,182,321
Public investments, at fair value through profit and loss 272,520 778,085
Investment in associate 2,423,934
Digital assets 356,450,053 276,853,787 142,437,463
Digital assets loaned 87,326,227 38,618,758 204,466,643
Digital assets staked 38,986,741 240,031,645 23,078,945
Equity investments in digital assets funds, at FVTPL 75,411,946 126,317,000
Total current assets 667,317,486 710,993,671 376,251,628
Private investments, at fair value through profit and loss 29,372,628 37,348,081 32,717,095
Digital assets 62,367 334,710 486,649
Digital assets loaned 32,761,543
Equity investments in digital assets funds, at FVTPL 56,570,104 131,108,063
Equipment 103 6,094
Right-of-use asset 2,999,253
Intangible assets 400,208 1,649,270 2,660,625
Goodwill 35,080,194 37,157,779 35,080,194
Total assets 824,563,783 918,591,677 447,202,285
Current liabilities      
Accounts payable and accrued liabilities 9,270,110 3,482,464 6,899,320
Loans payable 2,611,009 9,693,294 42,522,656
Trading liabilities 24,122,640 15,109,375
ETP holders payable 622,304,667 871,162,347 384,190,602
Warrant liability 13,599,316
Lease liability - current portion 553,973
Total current liabilities 672,461,715 899,447,480 433,612,578
Lease liability 2,548,215
Total non-current liabilities 2,548,215
Total liabilities 675,009,930 899,447,480 433,612,578
Share capital 222,974,359 153,294,666 128,886,879
Preferred shares 3,190,601 3,190,601 3,190,601
Share-based payments reserves 24,972,066 26,401,006 21,282,945
Accumulated other comprehensive income (1,481,289) (294,045) (4,262,989)
Non-controlling interest (3,562)
Deficit (100,101,884) (163,448,031) (135,504,167)
Total equity 149,553,853 19,144,197 13,589,707
Total liabilities and equity $ 824,563,783 $ 918,591,677 $ 447,202,285