v3.26.1
DERIVATIVES - Schedule of Company’s Derivatives Portfolio (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Derivative [Line Items]    
Notional Amounts $ 7,514,457 $ 8,572,796
Derivative Assets 122,123 78,838
Derivative Liabilities (151,348) (40,482)
Digital Assets    
Derivative [Line Items]    
Notional Amounts 2,956,316 1,967,358
Derivative Assets 97,213 72,815
Derivative Liabilities (122,432) (33,656)
Foreign currencies    
Derivative [Line Items]    
Notional Amounts 140,339 391,680
Derivative Assets 887 1,484
Derivative Liabilities (3,739) (424)
Equity securities    
Derivative [Line Items]    
Notional Amounts 2,581,728 4,758,135
Derivative Assets 21,063 1,307
Derivative Liabilities (21,320) (5,103)
Interest rates    
Derivative [Line Items]    
Notional Amounts 1,773,466 1,372,860
Derivative Assets 1,387 465
Derivative Liabilities (1,768) (189)
Commodities    
Derivative [Line Items]    
Notional Amounts 62,608 82,763
Derivative Assets 1,573 2,767
Derivative Liabilities (2,089) (1,110)
Digital assets receivable    
Derivative [Line Items]    
Notional Amounts 6,909 8,527
Derivative Assets 6,389 8,497
Derivative Liabilities 0 0
Embedded derivatives — Digital assets borrowed    
Derivative [Line Items]    
Notional Amounts 1,940,420 2,728,919
Derivative Assets 429,102 321,651
Derivative Liabilities (3,151) (10,000)
Embedded derivatives — Collateral payable    
Derivative [Line Items]    
Notional Amounts 2,206,275 2,283,590
Derivative Assets 406,041 358,743
Derivative Liabilities (14,499) (36,057)
Embedded derivatives — Payable to customer    
Derivative [Line Items]    
Notional Amounts 4,143 84,235
Derivative Assets 344 854
Derivative Liabilities $ 0 $ 0