v3.26.1
DIGITAL ASSET RECEIVABLE (Tables)
3 Months Ended
Mar. 31, 2026
DIGITAL ASSET RECEIVABLE  
Schedule of digital asset receivables activity

 

 

Suilend

 

 

AlphaLend

 

 

AlphaLend

 

 

NAVI Protocol

 

 

NAVI

 

 

 

 

 

 

Protocol

Position type

 

Lending

(Supply)

 

 

Lending

(Collateral)

 

 

Lending

(Collateral)

 

 

Lending

(Supply)

 

 

Vault

(Staking)

 

 

esuiUSDe

Vault

 

 

 

Token held (Quantity)

 

sSUI

 

 

SUI

 

 

stSUI

 

 

SUI

 

 

Volo

 

 

esuiUSDe

 

 

Total

 

December 31, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Origination of digital asset receivable

 

 

5,499,975

 

 

 

3,250,000

 

 

 

2,100,000

 

 

 

800,011

 

 

 

250,000

 

 

 

10,000,000

 

 

 

21,899,986

 

Yield earned

 

 

9,280

 

 

 

6,194

 

 

 

1,268

 

 

 

373

 

 

 

124

 

 

 

18,391

 

 

 

35,630

 

Receipt of yield earned

 

 

 —

 

 

 

 —

 

 

 

 —

 

 

 

 —

 

 

 

 —

 

 

 

(18,391)

 

 

(18,391)

March 31, 2026

 

 

5,509,255

 

 

 

3,256,194

 

 

 

2,101,268

 

 

 

800,384

 

 

 

250,124

 

 

 

10,000,000

 

 

 

21,917,225

 

 

 

 

Cost basis measured at fair value

 

 

Cost basis measured at cost

 

 

Total cost basis

 

 

Carrying value

 

December 31, 2025

 

$53,565

 

 

$

 

 

$53,565

 

 

$28,774

 

Origination of digital asset receivable

 

 

14,066,157

 

 

 

7,599,975

 

 

 

21,666,132

 

 

 

21,666,132

 

Staking accruals

 

 

13,421

 

 

 

 

 

 

13,421

 

 

 

13,421

 

Yield earned

 

 

24,648

 

 

 

9,840

 

 

 

34,488

 

 

 

34,488

 

Received in USDC

 

 

(18,391)

 

 

 

 

 

(18,391)

 

 

(18,391)

Received in SUI

 

 

(39,514)

 

 

 

 

 

(39,514)

 

 

(39,514)

Allowance for credit losses

 

 

 

 

 

 

 

 

 

 

 

(540,799)

Impairment of digital asset receivables

 

 

 

 

 

(1,367,236)

 

 

(1,367,236)

 

 

(1,367,236)

Unrealized losses

 

 

 

 

 

 

 

 

 

 

 

(307,856)

March 31, 2026

 

$14,099,886

 

 

$6,242,579

 

 

$20,342,465

 

 

$19,469,019