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Uniswap Foundation: Holding $49.9 million in cash and stablecoins, 15.1 million UNI, and 240 ETH
Golden Finance reports that on April 1, the Uniswap Foundation released an unaudited financial summary through December 31, 2025. As of the end of 2025, the foundation holds $49.9 million in cash and stablecoins, 15.1 million UNI tokens, and 240 ETH (valued at $85.8 million at the market prices at that time).
In terms of grant commitments and incentives, a total of $106.2 million was allocated. Of this, $87.5 million is for grant commitments pending allocation, and $18.7 million is reserved for grant disbursements previously committed, to be released. An additional $26.3 million is earmarked for operating expenses and employee rewards.
For fiscal year 2025, the foundation’s total operating expenses amounted to $9.7 million, not including 450,000 units of employee rewards distributed in the form of UNI tokens. The foundation also obtained 20.3 million UNI tokens (valued at approximately $114 million at year-end market prices) from the Uniswap treasury via the Uniswap Unleashed proposal. In addition, the foundation generated $1.7 million in interest income from its holdings of fiat currencies.