v3.26.1
REVENUE - Schedule of revenue disaggregated by source (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Disaggregation of Revenue [Line Items]        
Interest and finance fee income $ 66,128 $ 59,316 $ 133,933 $ 122,402
Total revenue 1,220,068 1,497,208 2,633,050 3,531,503
Net revenue        
Disaggregation of Revenue [Line Items]        
Total revenue 1,154,301 1,396,513 2,493,649 3,333,334
Transaction revenue        
Disaggregation of Revenue [Line Items]        
Revenue 599,156 764,270 1,354,981 2,026,478
Consumer, net        
Disaggregation of Revenue [Line Items]        
Revenue 451,670 649,908 1,018,569 1,745,414
Institutional, net        
Disaggregation of Revenue [Line Items]        
Revenue 100,073 60,819 235,799 159,707
Other transaction revenue        
Disaggregation of Revenue [Line Items]        
Revenue 47,413 53,543 100,613 121,357
Subscription and services revenue        
Disaggregation of Revenue [Line Items]        
Revenue 555,145 632,243 1,138,668 1,306,856
Stablecoin revenue        
Disaggregation of Revenue [Line Items]        
Revenue 292,147 308,914 597,582 582,951
Blockchain rewards        
Disaggregation of Revenue [Line Items]        
Revenue 83,342 144,535 184,191 341,127
Other subscription and services revenue        
Disaggregation of Revenue [Line Items]        
Revenue 113,528 119,478 222,962 260,376
Other revenue        
Disaggregation of Revenue [Line Items]        
Total revenue 65,767 100,695 139,401 198,169
Corporate interest and other income        
Disaggregation of Revenue [Line Items]        
Interest and other income $ 65,767 $ 100,695 $ 139,401 $ 198,169