Framework Co-founders: Paradigm, a16z, and other VCs have all liquidated their holdings in SKY, only we are still heavily invested.
TL;DR
Framework Ventures co-founder Vance Spencer states that major VCs like Paradigm and a16z have fully sold their SKY tokens, while Framework remains the only VC still heavily invested in SKY.
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Odaily Odaily 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:
1. Paradigm (held approximately 7%);
2. a16z (held approximately 6%);
3. Bain (held approximately 2-4%);
4. Syncracy (held approximately 1%);
Most of the institutions have already been sold:
1. Dragonfly (held approximately 4-5%);
2. Parafi (held 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.