diff --git a/docs/src/threadpool.rst b/docs/src/threadpool.rst
index 93bd236d..ed41c37f 100644
--- a/docs/src/threadpool.rst
+++ b/docs/src/threadpool.rst
@@ -10,7 +10,9 @@ operations, as well as getaddrinfo and getnameinfo requests.
 
 Its default size is 4, but it can be changed at startup time by setting the
 ``UV_THREADPOOL_SIZE`` environment variable to any value (the absolute maximum
-is 128).
+is 1024).
+
+.. versionchanged:: 1.29.2 the maximum UV_THREADPOOL_SIZE allowed was increased from 128 to 1024.
 
 The threadpool is global and shared across all event loops. When a particular
 function makes use of the threadpool (i.e. when using :c:func:`uv_queue_work`)
diff --git a/src/threadpool.c b/src/threadpool.c
index 4258933c..7aa57550 100644
--- a/src/threadpool.c
+++ b/src/threadpool.c
@@ -27,7 +27,7 @@
 
 #include <stdlib.h>
 
-#define MAX_THREADPOOL_SIZE 128
+#define MAX_THREADPOOL_SIZE 1024
 
 static uv_once_t once = UV_ONCE_INIT;
 static uv_cond_t cond;