Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net income	$ 215,696	$ 192,381	$ 15,259
Adjustments to profit or loss items:
Depreciation, amortization and impairment	12,973	11,337	12,255
Share-based payment	16,145	27,150	66,143
Evaluation of liabilities	3,341
Revaluation of fair value of cryptoassets and counterparties	29,560	(35,967)	(4,261)
Non-cash revenue from staking and blockchain rewards	(37,380)	(21,022)	(15,643)
Non-cash costs from staking and blockchain rewards	25,395	13,417	7,731
Finance and other expenses, net	11,432	4,642	3,889
Taxes on income, net	37,705	53,238	12,473
Total adjustments to profit or loss	99,171	52,795	82,587
Changes in asset and liability items:
Decrease (increase) of counterparties	(52,527)	(34,492)	22,321
Decrease (increase) of cryptoassets	55,692	8,593	(32,713)
Decrease (increase) of other receivables and prepaid expenses	(7,097)	(3,947)	7,067
Decrease (increase) of restricted cash	30	(857)	1,803
Increase of user and omnibus accounts, net	33,728	30,536	1,383
Increase (decrease) of accounts payable	(2,400)	2,218	(7,516)
Increase of accrued expenses and other payables	1,937	39,667	26,315
Decrease of employee benefit liabilities, net	(459)	(555)	(157)
Total changes in asset and liability	28,904	41,163	18,503
Interest paid, net during the year	(7,096)	(3,188)	(5,723)
Taxes received (paid), net during the year	(18,430)	(14,572)	1,208
Net cash provided by operating activities	318,245	268,579	111,834
Cash flows from investing activities:
Increase of short-term investments	(427,264)	(65,000)
Decrease of short-term investments	289,701
Increase of investments	(500)
Purchase of property and equipment	(4,841)	(2,372)	(425)
Purchase of intangible assets	(635)	(546)	(996)
Acquisition of Spaceship (see Note b)		(609)
Net cash used in investing activities	(143,539)	(68,527)	(1,421)
Cash flows from financing activities:
Exercise of options	6,126	929	2,339
Repayment of lease liability	(4,573)	(4,119)	(3,450)
Issuance of class A common share upon initial public offering, net of underwriting discounts, commissions and other issuance costs	377,943
Repurchase of treasury shares	(59,547)		(2,625)
Proceeds paid to credit facility			(7,000)
Net cash provided by (used in) financing activities	319,949	(3,190)	(10,736)
Exchange differences on balances of cash and cash equivalents	2,591	(9,801)	4,074
Increase in cash and cash equivalents	497,246	187,061	103,751
Cash and cash equivalents at beginning of year	575,395	388,334	284,583
Cash and cash equivalents at end of year	1,072,641	575,395	388,334
Recognition of right-of-use assets against lease liabilities	4,183	16,930	1,758
Taxes derived from share-based payments	446
Exercise of options	1,874
Repurchase of treasury shares	1,376
Fair value changes on hedging instruments	3,573
Conversion of Advanced Investment Agreement			240,909
Issuance of shares in respect of acquisition			732
Share-based payment in respect of asset acquisition		150	$ 427
Acquisition of Spaceship
Assets acquired and liabilities assumed:
Current assets (excluding cash and cash equivalents)		2,007
Technology		4,553
Customer Relationships		1,570
Trademark		563
Goodwill		11,239
Deferred tax liabilities, net		(640)
Current liabilities		(801)
Total		18,491
Non-cash consideration:
Common shares issued		12,229
Contingent consideration and holdback shares liability		5,653
Total		17,882
Cash paid in the acquisition of Spaceship, net		$ (609)

Consolidated Statements of Financial Position - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
CURRENT ASSETS:
Cash and cash equivalents	$ 1,072,641	$ 575,395
Restricted cash	329	314
Short-term investments	202,688	65,000
Counterparties	249,055	224,867
Cryptoassets	62,606	113,279
Receivable from omnibus accounts	26,820	50,466
Other receivables and prepaid expenses	61,299	46,005
CURRENT ASSETS	1,675,438	1,075,326
NON-CURRENT ASSETS:
Restricted cash	11,688	11,630
Right of use assets	41,873	44,406
Property and equipment, net	7,361	5,007
Goodwill and other intangible assets, net	43,211	46,346
Deferred taxes	11,776	8,647
NON-CURRENT ASSETS	115,909	116,036
TOTAL ASSETS	1,791,347	1,191,362
CURRENT LIABILITIES:
Accounts payable	4,435	4,201
Current maturities of long-term lease liabilities	5,978	4,758
Other short term liabilities	8,994
Payable to users	107,830	103,493
Accrued expenses and other payables	215,414	193,115
CURRENT LIABILITIES	342,651	305,567
NON-CURRENT LIABILITIES:
Employee benefit liabilities, net	962	1,253
Long-term lease liabilities	48,485	43,546
Deferred taxes liability	4,659	2,968
Other long-term liabilities		5,653
NON-CURRENT LIABILITIES	54,106	53,420
EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE COMPANY:
Common share premium	1,273,894	474,469
Preferred share premium		397,019
Treasury shares	(62,085)	(2,625)
Advanced Investment Agreement	9,091	9,091
Other capital reserve	5,441	1,868
Retained Earnings (accumulated deficit)	168,249	(47,447)
Total equity	1,394,590	832,375
TOTAL LIABILITIES AND EQUITY	$ 1,791,347	$ 1,191,362