XML 42 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2
CUSTOMER ASSETS AND LIABILITIES (Tables)
 9 Months Ended
Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Customers' Cash and Crypto Positions
The following table presents customers’ cash and crypto positions (in thousands):
September 30,December 31,
20222021
Customer custodial cash$6,591,105 $10,526,233 
Customer crypto assets95,113,124 — 
Total customer assets$101,704,229 $10,526,233 
Customer custodial cash liabilities$6,357,657 $10,480,612 
Customer crypto liabilities95,113,124 — 
Total customer liabilities$101,470,781 $10,480,612 
Schedule of Crypto Safeguarding Indemnification Asset and Crypto Asset Safeguarding Liability
The following table sets forth the fair value of customer crypto assets, as shown in the condensed consolidated balance sheets, as customer crypto assets and customer crypto liabilities, as of September 30, 2022 (in billions):
Fair Value
Percentage of Total(1)
Bitcoin$39.9 42.0 %
Ethereum24.1 25.3 %
Other crypto assets31.1 32.7 %
Total customer crypto assets$95.1 100.0 %
__________________
(1)As of September 30, 2022, no assets other than Bitcoin and Ethereum individually represented more than 5% of total customer crypto assets.