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CUSTOMER ASSETS AND LIABILITIES
 3 Months Ended
Mar. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
CUSTOMER ASSETS AND LIABILITIES CUSTOMER ASSETS AND LIABILITIES
The following table presents customers’ cash and safeguarded crypto positions (in thousands):
March 31,December 31,
20242023
Customer custodial funds$5,201,906 $4,570,845 
Safeguarding customer crypto assets329,506,477 192,583,060 
Total customer assets$334,708,383 $197,153,905 
Customer custodial cash liabilities$5,201,906 $4,570,845 
Safeguarding customer crypto liabilities329,506,477 192,583,060 
Total customer liabilities$334,708,383 $197,153,905 

During the three months ended March 31, 2024 and 2023, no losses were incurred in connection with safeguarding customer crypto assets.
The following table sets forth the fair values of Safeguarding customer crypto assets as shown on the Condensed Consolidated Balance Sheets (in thousands, except percentages):
March 31, 2024December 31, 2023
Fair Value
Percentage of Total
Fair Value
Percentage of Total
Bitcoin$156,528,307 48 %$89,864,637 47 %
Ethereum62,873,141 19 %40,200,059 21 %
Solana24,304,478 7 %12,906,278 6 %
Other crypto assets(1)
85,800,551 26 %49,612,086 26 %
Total safeguarding customer crypto assets$329,506,477 100 %$192,583,060 100 %
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(1)Includes various other crypto assets balances, none of which individually represented more than 5% of total Safeguarding customer crypto assets.

See Note 14. Fair Value Measurements, for additional details regarding the Safeguarding customer crypto assets and Safeguarding customer crypto liabilities.