Fintech giant PayPal held, as of December 31, 2022, a total of $604 million in various cryptocurrencies on behalf of its customers, including Bitcoin ($BTC), Ethereum ($ETH), Litecoin ($LTC), and Bitcoin Cash ($BCH).

The holdings were revealed in its annual report, filed with the U.S. Securities and Exchange Commission (SEC). The lion’s share of PayPal users’ cryptocurrency holdings were in the flagship cryptocurrency Bitcoin, with BTC accounting for $291 million in the firm’s assets. $250 million were held in ETH, while $63 million were held in LTC and BCH.

PayPal noted that its cryptocurrency holdings accounted for 67% of its total financial liabilities, which amount to $902 million at the end of the year, as Cointelegraph reported. The company’s total financial assets stood above $25 billion. This is the first time PayPal included a breakdown of cryptocurrency holdings in its filing, despite launching its crypto features back in October 2020.