Uniswap Foundation Q3 Financial Report: Holds 15.3M UNI

On November 20th, the Uniswap Foundation disclosed its unaudited financial summary for the quarter ending September 30th. This summary includes $54.4 million in US dollar cash and equivalents, 15.3 million UNI tokens, and 241 ETH. Based on the closing price as of September 30, 2025, the value of the token holdings amounted to $1.166 billion. By the end of the third quarter of 2025, the Foundation had accumulated operating expenses of $6.6 million. It had also realized $141.4 million in donations, dividends, and interest income. Among this amount, $2.5 million was spent in a single quarter, generating $0.5 million in revenue. The operating cycle is anticipated to continue until January 2027. The funds are allocated as follows: a total of $1.083 billion for grant commitments and incentive funds, with $92.4 million allocated for commitments between 2025 and 2026, and $15.8 million set aside as a reserve for unpaid early commitment grants. $32.6 million is allocated to cover operating expenses until January 2027 and employee token rewards.