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DOGE $0.0897 +0.44%
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LINK $12.75 +2.95%
HYPE $84.99 -3.32%
AAVE $131.91 -1.28%
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XLM $0.1896 +2.85%
ZEC $1,157.68 -5.30%

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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