PANews reported on August 7 that the Uniswap Foundation released a financial summary for the second quarter ending June 30, 2024. The Foundation holds $36.81 million in cash and stablecoins, and 680,000 UNI tokens. In the second quarter of 2024, the Foundation pledged $3.22 million in new grants and paid out $2.48 million in pledged grants. Year to date, $7.55 million in grants have been pledged and $5.27 million has been paid out. Operating expenses in the second quarter were $1.6 million, excluding UNI employee token rewards.