CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 4,889	$ 6,339
Cash segregated under federal and other regulations	3,448	2,995
Receivables from brokers, dealers, and clearing organizations	63	76
Receivables from users, net	3,704	3,218
Securities borrowed	1,204	517
Deposits with clearing organizations	275	186
Asset related to user cryptocurrencies safeguarding obligation	10,183	8,431
User-held fractional shares	1,396	997
Held-to-maturity investments	372	0
Prepaid expenses	75	86
Other current assets	130	72
Total current assets	25,739	22,917
Property, software, and equipment, net	123	146
Goodwill	164	100
Intangible assets, net	53	25
Non-current held-to-maturity investments	118	0
Non-current prepaid expenses	3	17
Other non-current assets	118	132
Total assets	26,318	23,337
Current liabilities:
Accounts payable and accrued expenses	373	185
Payables to users	4,325	4,701
Securities loaned	3,245	1,834
User cryptocurrencies safeguarding obligation	10,183	8,431
Fractional shares repurchase obligation	1,396	997
Other current liabilities	126	105
Total current liabilities	19,648	16,253
Other non-current liabilities	96	128
Total liabilities	19,744	16,381
Commitments and contingencies (Note 17)
Stockholders’ equity:
Preferred stock, $0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of December 31, 2022; and September 30, 2023.	0	0
Additional paid-in capital	12,054	11,861
Accumulated other comprehensive income (loss)	(4)	0
Accumulated deficit	(5,476)	(4,905)
Total stockholders’ equity	6,574	6,956
Total liabilities and stockholders’ equity	26,318	23,337
Common Class A
Stockholders’ equity:
Common stock, value	0	0
Common Class B
Stockholders’ equity:
Common stock, value	0	0
Common Class C
Stockholders’ equity:
Common stock, value	$ 0	$ 0