XML 29 R20.htm IDEA: XBRL DOCUMENT
v3.25.1

DIGITAL ASSETS LOAN RECEIVABLE AND DIGITAL ASSETS BORROWED | 3 Months Ended
--- | ---
Mar. 31, 2025
Galaxy Digital Holdings, LP |
Crypto Asset, Holding [Line Items] |
DIGITAL ASSETS LOAN RECEIVABLE AND DIGITAL ASSETS BORROWED | 7. DIGITAL ASSETS LOAN RECEIVABLE AND DIGITAL ASSETS BORROWED In the ordinary course of business, the Company enters into agreements to borrow digital assets to finance the Company’s trading operations. The Company may lend digital assets borrowed from counterparties or acquired through other operations. As of December 31, 2024 and 2023, no Digital asset loans receivable were past due. Digital Assets Loan Receivable, Net of Allowance
(in thousands) |  | December 31, 2024 |  | December 31, 2023 |  |
Digital asset loans receivable |  | $ | 579,954 |  |  | $ | 104,504 |  |  |
Less: Allowance for credit losses |  | (424) |  |  | — |  |  |
Digital asset loans receivable, net |  | $ | 579,530 |  |  | $ | 104,504 |  |  |
Collateral Payable Associated with Digital Assets Loan Receivable
(in thousands) |  | December 31, 2024 |  | December 31, 2023 |  |
Collateral payable — Digital assets |  | $ | 673,427 |  |  | $ | 115,635 |  |  |
Collateral payable — Cash |  | 44,535 |  |  | — |  |  |
Collateral payable associated with digital assets loan receivable |  | $ | 717,962 |  |  | $ | 115,635 |  |  |
Digital Assets Borrowed
(in thousands) |  | December 31, 2024 |  | December 31, 2023 |  |
Digital assets borrowed |  | $ | 1,497,609 |  |  | $ | 398,277 |  |  |
The Company borrows digital assets from both over-the-counter and decentralized finance sources. The most significant digital assets borrowings as of December 31, 2024 were bitcoin, ether, DAI, and SOL, including associated wrapped tokens, which represented approximately 87% of total Digital assets borrowed. The most significant digital assets borrowings as of December 31, 2023 were Tether, USDC, FDUSD, bitcoin and DAI, which represented approximately 84% of total Digital assets borrowed. Assets Posted as Collateral Associated with Digital Assets Borrowed
(in thousands) |  | December 31, 2024 |  | December 31, 2023 |  |
Assets posted as collateral — Digital intangible assets |  | $ | 84,221 |  |  | $ | 233,053 |  |  |
Assets posted as collateral — Digital financial assets |  | — |  |  | — |  |  |
Less: Allowance for credit loss |  | (826) |  |  |  |  |
Assets posted as collateral associated with digital assets borrowed |  | $ | 83,395 |  |  | $ | 233,053 |  |  |
Collateral deposited in decentralized finance protocols associated with digital asset loans payable to the decentralized protocols are recognized in Digital intangible assets. Collateral posted with counterparties for which the Company retains control are also recognized in Digital intangible assets. Refer to N ote 6 for additional information regarding Digital intangible assets.

X
- Definition Cyrpto Assets Loan Receivable And Crypto Assets Borrowed + References No definition available. + Details
Name: | glxy_CyrptoAssetsLoanReceivableAndCryptoAssetsBorrowedTextBlock
Namespace Prefix: | glxy_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 60 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147476168/350-60-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 60 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147476168/350-60-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 60 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147476168/350-60-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 60 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147476168/350-60-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 60 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147476168/350-60-50-1 + Details
Name: | us-gaap_CryptoAssetHoldingLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | dei_LegalEntityAxis=glxy_GalaxyDigitalHoldingsLPMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |