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Framework Co-Founder: Paradigm, a16z, and other VCs have all fully exited SKY, only we are still heavily invested.
Odaily Planet Daily reported that Vance Spencer, Co-founder of Framework Ventures, posted on X platform that someone asked which VCs still hold Sky tokens (given that there are no more lock-up restrictions). The answer is as follows: institutions that have completely sold out: Paradigm (once held about 7%); a16z (once held about 6%); Bain (once held about 2-4%); Syncracy (once held about 1%). Institutions that have sold most of their holdings: Dragonfly (currently about 4-5%); Parafi (currently about 3-4%). Vance Spencer added that, to his knowledge, Framework is currently the only VC still holding a large amount of Sky tokens.