Surprise Altcoin Developers Publish List of All Assets in Their Possession: Announce Final Date for Continuing Operations
- topcryptonews
- 5 hours ago
- 1 min read
The Uniswap Foundation has released its unaudited financial summary for the first quarter of 2025.
As of March 31, the foundation reportedly held $53.4 million in cash and stablecoins, as well as 15.8 million UNI tokens and 257 ETH. These assets are worth approximately $95 million based on closing exchange rates on March 31, 2025.
In addition, the foundation provided a $29 million loan using 5 million UNI tokens held by external sources as collateral. The foundation’s cash and stablecoins will be used for grant programs and operational activities, while a large amount of UNI reserves will continue to be held to meet future operational needs and benefit from potential value increases.
The Uniswap Foundation stated that with its current financial structure, the funds have the capacity to continue their activities until January 2027. In addition, the UniSwap platform also earns a large amount from trading commission fees.
According to the announced plans, a total of $115.1 million has been allocated for grant commitments and awards. $99.8 million of this is allocated for grants planned to be distributed in 2025 and 2026, while $15.3 million is allocated for the payment of previously committed grants.
It was also stated that a budget of $33.3 million will be used for operational expenses and token rewards for employees until January 2027.
