Uniswap Foundation allocates $115.1 million for grants, operational funds can sustain until 2027

The Uniswap Foundation released its financial summary for the first quarter of 2025. As of March 31, 2025, the assets held include $53.4 million in cash and stablecoins, 15.8 million UNI (denominated in UNI), and 257 ETH. Based on the closing prices on March 31, 2025, these tokens are valued at approximately $95 million. Additionally, 5 million UNI are held externally as collateral, against which the foundation has secured a $29 million loan. This loan is structured through a financial instrument that allows the foundation to access immediate USD liquidity without causing significant market impact, while providing downside protection for the collateralized assets and retaining potential upside. The USD cash and stablecoins held will be used to fund grants and daily operations, while the substantial UNI reserves will serve as a reserve for future operations, also retaining potential for further gains. The expected operational cycle can be sustained until January 2027, with the allocation of funds as follows: For grant commitments and incentives, the foundation has earmarked a total of $115.1 million for grants: $99.8 million will be committed in 2025 and 2026, with an additional $15.3 million for historical grants that have been committed but not yet paid. For operating expenses and employee token rewards, an estimated $33.3 million will be used to support operations until January 2027.