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REVENUE (Tables) | 6 Months Ended
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Jun. 30, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of disaggregated revenue by source | The following table presents revenue of the Company disaggregated by revenue source (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Net revenue |  |  |  |  |  |  |
Transaction revenue |  |  |  |  |  |  |
Consumer, net | $ | 310,037 |  |  | $ | 616,212 |  |  | $ | 662,439 |  |  | $ | 1,582,054 |
Institutional, net | 17,061 |  |  | 39,001 |  |  | 39,372 |  |  | 86,196 |
Total transaction revenue | 327,098 |  |  | 655,213 |  |  | 701,811 |  |  | 1,668,250 |
Subscription and services revenue |  |  |  |  |  |  |
Blockchain rewards | 87,613 |  |  | 68,410 |  |  | 161,363 |  |  | 150,305 |
Custodial fee revenue | 16,992 |  |  | 22,178 |  |  | 34,034 |  |  | 53,872 |
Interest income | 201,364 |  |  | 32,514 |  |  | 442,186 |  |  | 42,968 |
Other subscription and services revenue | 29,433 |  |  | 24,288 |  |  | 59,504 |  |  | 52,099 |
Total subscription and services revenue | 335,402 |  |  | 147,390 |  |  | 697,087 |  |  | 299,244 |
Total net revenue | 662,500 |  |  | 802,603 |  |  | 1,398,898 |  |  | 1,967,494 |
Other revenue |  |  |  |  |  |  |
Crypto asset sales revenue | — |  |  | 48 |  |  | — |  |  | 617 |
Corporate interest and other income | 45,411 |  |  | 5,674 |  |  | 81,542 |  |  | 6,650 |
Total other revenue | 45,411 |  |  | 5,722 |  |  | 81,542 |  |  | 7,267 |
Total revenue | $ | 707,911 |  |  | $ | 808,325 |  |  | $ | 1,480,440 |  |  | $ | 1,974,761 |
Schedule of revenues disaggregated by geography | In the table below are the revenues disaggregated by geography, based on domicile of the customers or booking location, as applicable (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022 |  |
United States | $ | 637,861 |  |  | $ | 667,214 |  |  | $ | 1,324,630 |  |  | $ | 1,623,047 |  |  |
Rest of the World(1) | 70,050 |  |  | 141,111 |  |  | 155,810 |  |  | 351,714 |  |  |
Total revenue | $ | 707,911 |  |  | $ | 808,325 |  |  | $ | 1,480,440 |  |  | $ | 1,974,761 |  |  |
__________________ (1)No other individual country accounted for more than 10% of total revenue.

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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph a -SubTopic 10 -Topic 280 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 + Details
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