Framework Ventures: Has become the only venture capital firm holding Sky tokens on a large scale

2025-12-11 03:43:20

Deep Tide TechFlow News, December 11, According to Vance Spencer, co-founder of Framework Ventures, after the Sky token is no longer subject to a lock-up period, several well-known venture capital firms have either fully liquidated or significantly reduced their Sky token holdings.

Spencer disclosed that the fully liquidated institutions include: Paradigm (holding 7%), a16z (6%), Bain Capital (2-4%), and Syncracy (about 1%). In addition, Dragonfly (4-5%) and Parafi (3-4%) have also sold most of their holdings.

Spencer stated that, according to his understanding, Framework Ventures is currently the only venture capital firm still holding Sky tokens on a large scale.

SKY8.89%

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