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FAIR VALUE MEASUREMENTS - Recurring Basis at Fair Value (Details) - Galaxy Digital Holdings, LP - USD ($) $ in Thousands | Dec. 31, 2024 | Dec. 31, 2023
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Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | $ 4,674,336 | $ 1,745,975
Liabilities, fair value | 722,470 | 360,978
Without readily determinable fair values | 63,227 | 83,702
Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 3,224,772 | 833,347
Liabilities, fair value | 64,679 | 80,862
Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 844,042 | 459,479
Liabilities, fair value | 521,599 | 269,644
Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 605,522 | 453,149
Liabilities, fair value | 136,192 | 10,472
Investments sold short |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 6,524 | 25,295
Investments sold short | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 6,524 | 25,295
Investments sold short | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 0 | 0
Investments sold short | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 0 | 0
Derivative liabilities |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 165,858 | 160,642
Derivative liabilities | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 58,155 | 55,567
Derivative liabilities | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 107,703 | 105,075
Derivative liabilities | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value |  | 0
Embedded derivative – Digital assets borrowed |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 252,635 | 29,874
Embedded derivative – Digital assets borrowed | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value |  | 0
Embedded derivative – Digital assets borrowed | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 252,635 | 29,874
Embedded derivative – Digital assets borrowed | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value |  | 0
Embedded derivative – Collateral payable |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 161,261 | 134,695
Embedded derivative – Collateral payable | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value |  | 0
Embedded derivative – Collateral payable | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 161,261 | 134,695
Embedded derivative – Collateral payable | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value |  | 0
Embedded derivative – Notes payable |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 136,192 | 10,472
Embedded derivative – Notes payable | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 0 | 0
Embedded derivative – Notes payable | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 0 | 0
Embedded derivative – Notes payable | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Liabilities, fair value | 136,192 | 10,472
Digital financial assets |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 359,665 | 74,386
Digital financial assets | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 354,851 | 74,386
Digital financial assets | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 4,814 | 0
Digital financial assets | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 0 | 0
Digital intangible assets at fair value |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 2,018,357 | 736,151
Digital intangible assets at fair value | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 1,929,661 | 655,473
Digital intangible assets at fair value | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 68,239 | 12,674
Digital intangible assets at fair value | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 20,457 | 68,004
Digital assets loan receivable, net of allowance - Financial assets |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 393,734 | 12,000
Digital assets loan receivable, net of allowance - Financial assets | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 0 | 0
Digital assets loan receivable, net of allowance - Financial assets | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 393,734 | 12,000
Digital assets loan receivable, net of allowance - Financial assets | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 0 | 0
Digital assets receivable |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 60,720 | 20,860
Digital assets receivable | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 204 | 196
Digital assets receivable | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 24 | 95
Digital assets receivable | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 60,492 | 20,569
Assets posted as collateral — Digital assets |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 278,527 | 316,104
Assets posted as collateral — Digital assets | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 0 | 0
Assets posted as collateral — Digital assets | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 278,527 | 316,104
Assets posted as collateral — Digital assets | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 0 | 0
Derivative assets |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 207,653 | 173,209
Derivative assets | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 188,836 | 59,724
Derivative assets | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 18,817 | 113,485
Derivative assets | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value |  | 0
Embedded derivative – Collateral payable |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 55,848 | 4,244
Embedded derivative – Collateral payable | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 0 | 0
Embedded derivative – Collateral payable | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 55,848 | 4,244
Embedded derivative – Collateral payable | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 0 | 0
Embedded derivative – Digital assets borrowed |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 24,039 | 877
Embedded derivative – Digital assets borrowed | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 0 | 0
Embedded derivative – Digital assets borrowed | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 24,039 | 877
Embedded derivative – Digital assets borrowed | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 0 | 0
Investments |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 1,275,793 | 408,144
Net asset value | 304,500 | 243,300
Without readily determinable fair values | 63,200 | 83,700
Investments | Level 1 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 751,220 | 43,568
Investments | Level 2 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | 0 | 0
Investments | Level 3 |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Assets, fair value | $ 524,573 | $ 364,576

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