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OTHER ASSETS AND ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
 3 Months Ended
Mar. 31, 2025
Galaxy Digital Holdings, LP  
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
OTHER ASSETS AND ACCOUNTS PAYABLE AND ACCRUED LIABILITIES OTHER ASSETS AND ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
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 receivable5,228 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.
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 fees7,871 5,684 
Promissory note(1)
109,004 96,933 
Legal settlement78,165 40,000 
Mining payables and accrued liabilities1,269 9,385 
Payable for digital asset trades15,028 20,970 
Interest27,169 15,530 
Payable for investments and acquisitions4,447 11,054 
Accounts payable3,713 6,910 
Other3,312 3,512 
$270,468 $281,531 
_______________
(1)Promissory note with GDHI LLC. Refer to Note 22 for further information on related party transactions.
Other non-current liabilities consist of the following:
(in thousands)March 31, 2025December 31, 2024
Tax liabilities$47,463 $42,994 
Legal settlement108,151 142,462 
Lease liability6,500 6,936 
$162,114 $192,392 
OTHER ASSETS AND ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
Prepaid expenses and other assets consist of the following:
(in thousands)December 31, 2024December 31, 2023
Prepaid expenses$11,112 $1,930 
Mining deposits
4,845 8,825 
Current tax asset and tax receivable5,364 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.
Accounts payable and accrued liabilities consist of the following:
(in thousands)December 31, 2024December 31, 2023
Compensation and compensation related$71,553 $50,556 
Professional fees5,684 7,755 
Promissory note(1)
96,933 67,246 
Legal settlement40,000 — 
Mining payables and accrued liabilities9,385 1,447 
Payable for digital asset trades20,970 4,176 
Interest15,530 4,595 
Payable for investments and acquisitions11,054 — 
Accounts payable6,910 2,569 
Other3,512 2,032 
$281,531 $140,376 
_______________
(1)Promissory note with GDHI LLC. Refer to Note 22 for further information on related party transactions.
Other non-current liabilities consist of the following:
(in thousands)December 31, 2024December 31, 2023
Tax liabilities$42,994 $42,856 
Legal settlement142,462 — 
Lease liability6,936 14,096 
$192,392 $56,952