Uniswap Foundation discloses Q1 financial overview: $115.1 million allocated for grants, operating funds can be maintained until January 2027

Mars Finance News, on May 23, the Uniswap Foundation released its first-quarter financial summary for 2025. As of March 31, 2025, its assets include $53.4 million in cash and stablecoins, 15.8 million UNI tokens (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 tokens are held as collateral externally, and the foundation obtained a loan of $29 million based on this collateral. The loan was structured through a financial instrument that allows the foundation to obtain immediate USD liquidity without causing significant market impact, while providing downside protection for the collateral assets and retaining additional upside potential. The held USD cash and stablecoins will be used to fund grants and daily operations, while the substantial UNI reserves will serve as future operational funding reserves, also preserving the potential for further appreciation. The expected operational cycle can be maintained until January 2027, with fund allocation as follows: In terms of grant commitments and incentives, the foundation has reserved a total of $115.1 million for grants: $99.8 million will be committed for expenditure in 2025 and 2026, with an additional $15.3 million for historically committed but unpaid grants. For operational expenses and employee token rewards, approximately $33.3 million is expected to be used to support operations until January 2027.