We prove the unbounded denominators conjecture in the theory of noncongruence modular forms for finite index subgroups of SL 2 (Z). Our result includes also Mason's generalization of the original conjecture to the setting of vector-valued modular forms, thereby supplying a new path to the congruence property in rational conformal field theory. The proof involves a new arithmetic holonomicity bound of a potential-theoretic flavor, together with Nevanlinna's second main theorem, the congruence subgroup property of SL 2 (Z[1/p]), and a close description of the Fuchsian uniformization D(0, 1)/Γ N of the Riemann surface C µ N .forms for SL 2 (Z), in particular resolving -in a sharper form, in fact -Mason's unbounded denominators conjecture [Mas12, KM08] on generalized modular forms.1.1. A sketch of the main ideas. Our proof of Theorem 1.0.1 follows a broad Diophantine analysis path known in the literature (see [Bos04,Bos13] or [Bos20, Chapter 10]) as the arithmetic algebraization method.1.1.1. The Diophantine principle. The most basic antecedent of these ideas is the following easy lemma:x which defines a holomorphic function on D(0, R) for some R > 1 is a polynomial.Lemma 1.1.1 follows upon combining the following two obsevations, fixing some 1 > η > R −1 :(1) The coefficients a n are either 0 or else ≥ 1 in magnitude.(2) The Cauchy integral formula gives a uniform upper bound |a n | = o(η n ). We shall refer to the first inequality as a Liouville lower bound, following its use by Liouville in his proof of the lower bound |α − p/q| ≫ 1/q n for algebraic numbers α = p/q of degree n ≥ 1. We shall refer to the second inequality as a Cauchy upper bound, following the example above where it comes from an application of the Cauchy integral formula. The first non-trivial generalization of Lemma 1.1.1 was Émile Borel's theorem [Bor94]. Dwork famously used a p-adic generalization of Borel's theorem in his p-adic analytic proof of the rationality of the zeta function of an algebraic variety over a finite field (see Dwork's account in the book [DGS94, Chapter 2]). The simplest non-trivial statement of Borel's theorem is that an integral formal power series f (x) ∈ Z x must already be a rational function as soon as it has a meromorphic representation as a quotient of two convergent complex-coefficients power series on some disc D(0, R) of a radius R > 1. The subject of arithmetic algebraization blossomed at the hands of many authors, including most prominently Carlson,