PANews reported on May 24 that the Uniswap Foundation released an unaudited financial summary for the first quarter of 2025. As of March 31, it held $53.4 million in cash and stablecoins, 15.8 million UNIs and 257 ETHs. Based on the closing exchange rate on March 31, 2025, these tokens were worth $95 million. In addition, it used 5 million UNIs held externally as collateral, and the Foundation obtained a $29 million loan based on this. The fiat currency (US dollar) cash and stablecoins on hand will be used for grants and operating activities, while retaining a large amount of UNI reserves to meet future operating needs, allowing for additional upside gains. Funding is expected to support until January 2027. The specific uses are as follows: For grant commitments and rewards, a total of $115.1 million is allocated for grants: $99.8 million of which is committed to be disbursed in 2025 and 2026, and $15.3 million is reserved for previously promised grants to be issued. $33.3 million will be used to cover operating expenses and employee token rewards through January 2027.