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TRX $0.3343 -0.28%
DOGE $0.0898 +0.38%
ADA $0.2193 -0.22%
BCH $260.43 +1.61%
LINK $12.74 +3.06%
HYPE $85.01 -3.03%
AAVE $131.75 -1.04%
SUI $0.8250 +3.84%
XLM $0.1898 +3.37%
ZEC $1,153.60 -5.89%

Framework co-founders: Paradigm, a16z and other VCs have fully exited SKY, and we are the only ones still heavily invested

2025-12-11 11:25:55

Framework Ventures co-founder Vance Spencer posted on X platform, stating that some people are asking which VCs still hold Sky tokens (given that there are no lock-up restrictions). The answer is as follows.

Institutions that have sold all their holdings: Paradigm (previously held about 7%); a16z (previously held about 6%); Bain (previously held about 2-4%); Syncracy (previously held about 1%); institutions that have sold most of their holdings: Dragonfly (currently holds about 4-5%); Parafi (currently holds about 3-4%); Vance Spencer added that, to his knowledge, Framework is currently the only VC that still holds a significant amount of Sky tokens.

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