Uniswap Foundation Unveils Legal Entity for Governance in Wyoming

The Uniswap Foundation proposes creating a new legal entity named DUNI in Wyoming to provide liability protections to Uniswap Governance members. This move, announced on the Uniswap Governance Forum on August 11, 2025, is aimed at enhancing legal recognition of decentralized governance. DUNI will handle compliance, tax, and administrative functions without altering the underlying Uniswap protocol. The proposal has seen a price increase in the UNI token by about 2-3% as market participants react to the news.