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OTHER ASSETS AND ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables) - Galaxy Digital Holdings, LP

3 Months Ended

Mar. 31, 2025

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Schedule of Prepaid Expenses and Other Assets

Prepaid expenses and other assets consist of the following:

(in thousands)						March 31, 2025						December 31, 2024
Prepaid expenses						$	13,600					$	11,112
Asset purchase deposits						4,845						4,845
Current tax asset and tax receivable						5,228						5,364
Other (1)						6,211						5,571
						$	29,884					$	26,892

_______________

(1)Includes receivables related to non-consolidated funds management, advisory activities and tax payments made on behalf of certain related parties. Refer to Note 22 for further information on related party transactions.

Prepaid expenses and other assets consist of the following:

(in thousands)						December 31, 2024						December 31, 2023
Prepaid expenses						$	11,112					$	1,930
Mining deposits						4,845						8,825
Current tax asset and tax receivable						5,364						15,124
Other(1)						5,571						11,045
						$	26,892					$	36,924

_______________

(1)Includes receivables related to non-consolidated funds management, advisory activities and tax payments made on behalf of certain related parties. Refer to Note 22 for further information on related party transactions.

Schedule of Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities consist of the following:

(in thousands)						March 31, 2025						December 31, 2024
Compensation and compensation related						$	20,490					$	71,553
Professional fees						7,871						5,684
Promissory note(1)						109,004						96,933
Legal settlement						78,165						40,000
Mining payables and accrued liabilities						1,269						9,385
Payable for digital asset trades						15,028						20,970
Interest						27,169						15,530
Payable for investments and acquisitions						4,447						11,054
Accounts payable						3,713						6,910
Other						3,312						3,512
						$	270,468					$	281,531

_______________

(1)Promissory note with GDHI LLC. Refer to Note 22 for further information on related party transactions.

Accounts payable and accrued liabilities consist of the following:

(in thousands)						December 31, 2024						December 31, 2023
Compensation and compensation related						$	71,553					$	50,556
Professional fees						5,684						7,755
Promissory note(1)						96,933						67,246
Legal settlement						40,000						—
Mining payables and accrued liabilities						9,385						1,447
Payable for digital asset trades						20,970						4,176
Interest						15,530						4,595
Payable for investments and acquisitions						11,054						—
Accounts payable						6,910						2,569
Other						3,512						2,032
						$	281,531					$	140,376

_______________

(1)Promissory note with GDHI LLC. Refer to Note 22 for further information on related party transactions

Schedule of Other Noncurrent Liabilities

Other non-current liabilities consist of the following:

(in thousands)						March 31, 2025						December 31, 2024
Tax liabilities						$	47,463					$	42,994
Legal settlement						108,151						142,462
Lease liability						6,500						6,936
						$	162,114					$	192,392

Other non-current liabilities consist of the following:

(in thousands)						December 31, 2024						December 31, 2023
Tax liabilities						$	42,994					$	42,856
Legal settlement						142,462						—
Lease liability						6,936						14,096
						$	192,392					$	56,952

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