v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Jan. 01, 2024
Current assets      
Cash and cash equivalents $ 29,895 $ 6,277 $ 793
Time deposits 836    
Restricted cash 3,171 3,049  
Digital assets 33,509 3,005  
USDC 12,449 1,827  
Trade and other receivables 16,625 356 202
Income tax recoverable 141    
Collateral receivables 3,407 14,414  
Amount due from related parties 32,341 11,533 10,532
Financial assets at fair value through profits or loss 22,084 264 257
Crypto assets loan receivables 42,141 69,934 7,868
Derivative financial assets 316 1,576 20
Current assets 196,915 112,235 19,672
Assets classified as held for sale 17    
Total current assets 196,932 112,235 19,672
Non-current assets      
Property, plant and equipment 97   1
Intangible assets 2,949 160 443
Goodwill 53,136 16,735 16,735
Right-of-use assets 1,484 704  
Investment accounted for using equity method 90    
Financial assets at fair value through profits or loss 1,189    
Other receivables 495    
Deferred tax assets 7    
Total non-current assets 59,447 17,599 17,179
Total assets 256,379 129,834 36,851
Current liabilities      
Trade and other payables 13,427 1,841 637
Collateral payables 10,941 14,414  
Contract liabilities 8,575    
Liabilities due to customers 61,351 71,523 13,867
Amount due to related parties 48,031 9,980 26,875
Derivative financial liabilities 316 1,576 20
Lease liabilities 867 230  
Income tax payable 513    
Current liabilities 144,021 99,564 41,399
Liabilities classified as held for sale 1,277    
Total current liabilities 145,298 99,564 41,399
Non-current liabilities      
Lease liabilities 722 485  
Accrued liabilities 47    
Total non-current liabilities 769 485  
Total liabilities 146,067 100,049 41,399
Equity      
Share capital 424 1 1
Share premium 90,540 13,499 2,999
Treasury shares (903)    
Other reserves 53,390 53,175 6,069
Accumulated losses (33,139) (36,890) (13,617)
Total equity 110,312 29,785 (4,548)
Total equity and liabilities $ 256,379 $ 129,834 $ 36,851