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Revenue from Contracts with Customers (Tables) | 6 Months Ended
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Jun. 30, 2025
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | We disaggregate revenue by service type and by platform as follows (in thousands):
Service Type |  | Three Months Ended June 30, 2025 |  | Three Months Ended June 30, 2024 |  | Six Months Ended June 30, 2025 |  | Six Months Ended June 30, 2024
Transaction revenue |  | $ | 573,855 |  |  | $ | 503,717 |  |  | $ | 1,644,562 |  |  | $ | 1,351,701 |
Subscription and service revenue |  | 4,027 |  |  | 6,181 |  |  | 8,230 |  |  | 12,779 |
Total revenue |  | $ | 577,882 |  |  | $ | 509,898 |  |  | $ | 1,652,792 |  |  | $ | 1,364,480 |
Platform |  | Three Months Ended June 30, 2025 |  | Three Months Ended June 30, 2024 |  | Six Months Ended June 30, 2025 |  | Six Months Ended June 30, 2024
Loyalty redemption platform, net |  | $ | 9,779 |  |  | $ | 12,757 |  |  | $ | 18,933 |  |  | $ | 25,999 |
Crypto services |  | 568,103 |  |  | 497,141 |  |  | 1,633,859 |  |  | 1,338,481 |
Total revenue |  | $ | 577,882 |  |  | $ | 509,898 |  |  | $ | 1,652,792 |  |  | $ | 1,364,480 |
Contract Liabilities | The activity in deferred revenue for the six months ended June 30, 2025 and June 30, 2024, respectively, was as follows (in thousands):
| Six Months Ended June 30, 2025 |  | Six Months Ended June 30, 2024
Beginning of the period contract liability | $ | 4,226 |  |  | $ | 7,480 |
Revenue recognized from contract liabilities included in the beginning balance | (1,081) |  |  | (2,815) |
Increases due to cash received, net of amounts recognized in revenue during the period | 547 |  |  | 405 |
End of the period contract liability | $ | 3,692 |  |  | $ | 5,070 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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