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Framework Co-founders: Paradigm, a16z, and other VCs have all liquidated their holdings in SKY, only we are still heavily invested.

2025-12-11 03:25

Odaily Planet Daily reports that Vance Spencer, co-founder of Framework Ventures, posted on the X platform that someone asked which VCs still hold Sky tokens (given that there are no longer any lock-up restrictions), and the answer is as follows.

Institutions that have been fully sold:

Paradigm (held approximately 7%)

a16z (held approximately 6%);

Bain (held approximately 2-4%);

Syncracy (held approximately 1%);

Most of the institutions have already been sold:

Dragonfly (currently holding approximately 4-5%);

Parafi (currently holding approximately 3-4%);

Vance Spencer added that, to his knowledge, Framework is currently the only VC that still holds a significant amount of Sky tokens.