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Framework Lianchuang: Paradigm, a16z and other VCs have cleared SKY, only we are still in heavy warehouses

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2025-12-11 03:30:39
Vance Spencer, co-founder of Framework Ventures, wrote on the X platform that some people are asking which VCs still hold Sky tokens (given that there are no hedging restrictions), and the answer is as follows.
All sold institutions: Paradigm (used to hold about 7%); a16z (used to hold about 6%); Bain (used to hold about 2-4%); Syncracy (used to hold about 1%); Most sold institutions: Dragonfly (currently about 4-5%); Parafi (currently about 3-4%).
Vance Spencer added that to its knowledge, Framework is the only VC that still holds a significant amount of Sky tokens.
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