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v3.25.2

Condensed Consolidated Statements of Financial Condition (unaudited) (Parenthetical) - USD ($) $ in Thousands | Jun. 30, 2025 | Dec. 31, 2024
--- | --- | ---
Preferred stock, par or stated value per share (in usd per share) | $ 0.001 | $ 0.001
Preferred stock, shares authorized (in shares) | 25,000,000 | 25,000,000
Preferred stock, shares issued (in shares) | 0 | 0
Preferred stock, shares outstanding (in shares) | 0 | 0
Class A Common Stock |  |
Common stock, par or stated value per share (in usd per share) | $ 0.001 | $ 0.001
Common stock, shares authorized (in shares) | 2,340,000,000 | 2,340,000,000
Common stock, shares issued (in shares) | 144,596,915 | 109,211,355
Common stock outstanding (in shares) | 144,596,915 | 109,211,355
Class B Common Stock |  |
Common stock, par or stated value per share (in usd per share) | $ 0.001 | $ 0.001
Common stock, shares authorized (in shares) | 750,000,000 | 750,000,000
Common stock, shares issued (in shares) | 224,858,284 | 255,756,502
Common stock outstanding (in shares) | 224,858,284 | 255,756,502
Asset Pledged as Collateral |  |
Assets pledged | $ 656,346 | $ 720,933

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