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DERIVATIVES - Schedule of Company’s Derivatives Portfolio (Details) - Galaxy Digital Holdings, LP - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Derivative [Line Items]      
Notional Amounts $ 4,678,561 $ 5,769,802 $ 4,359,072
Gross Fair Value-Derivative Assets 128,353 207,653 173,209
Gross Fair Value-Derivative Liabilities (89,702) (165,858) (160,642)
Digital Assets      
Derivative [Line Items]      
Notional Amounts 3,041,477 4,685,112 2,831,616
Gross Fair Value-Derivative Assets 95,127 185,208 122,911
Gross Fair Value-Derivative Liabilities (67,313) (145,493) (120,795)
Foreign currencies      
Derivative [Line Items]      
Notional Amounts 730,533 19,259 3,397
Gross Fair Value-Derivative Assets 19,349 12,064 11,279
Gross Fair Value-Derivative Liabilities (14,026) (10,483) (11,027)
Equity securities      
Derivative [Line Items]      
Notional Amounts 597,258 1,049,846 54,417
Gross Fair Value-Derivative Assets 13,720 10,343 30,541
Gross Fair Value-Derivative Liabilities (6,993) (9,683) (23,876)
Interest rates      
Derivative [Line Items]      
Notional Amounts 297,729 5,002 1,408,406
Gross Fair Value-Derivative Assets 157 19 7,698
Gross Fair Value-Derivative Liabilities (708) (13) (4,639)
Commodities      
Derivative [Line Items]      
Notional Amounts 11,563 10,583 61,236
Gross Fair Value-Derivative Assets 0 19 780
Gross Fair Value-Derivative Liabilities (662) (186) (305)
Digital assets receivable      
Derivative [Line Items]      
Notional Amounts 4,036 3,911 15,971
Gross Fair Value-Derivative Assets 19,670 60,720 20,860
Gross Fair Value-Derivative Liabilities 0 0 0
Embedded derivatives — Digital assets borrowed      
Derivative [Line Items]      
Notional Amounts 1,949,500 1,269,013 369,280
Gross Fair Value-Derivative Assets 223,469 24,039 877
Gross Fair Value-Derivative Liabilities (41,027) (252,635) (29,874)
Embedded derivatives — Collateral payable      
Derivative [Line Items]      
Notional Amounts 978,134 1,219,247 439,544
Gross Fair Value-Derivative Assets 143,027 55,848 4,244
Gross Fair Value-Derivative Liabilities (58,988) (161,261) (134,695)
Embedded derivatives — Notes payable      
Derivative [Line Items]      
Notional Amounts 847,500 847,500 445,000
Gross Fair Value-Derivative Assets 0 0 0
Gross Fair Value-Derivative Liabilities $ (46,586) $ (136,192) $ (10,472)