Framework Co-founders: Paradigm, a16z, and other VCs have all liquidated their holdings in SKY, only we are still heavily invested.

Vance Spencer, co-founder of Framework Ventures, posted on the X platform that someone asked which VCs still hold Sky tokens (given the removal of lock-up restrictions), and the answer is as follows: Institutions that have sold all their Sky tokens: 1. Paradigm (held approximately 7%); 2. a16z (held approximately 6%); 3. Bain (held approximately 2-4%); 4. Syncracy (held approximately 1%). Institutions that have sold most of their Sky tokens: 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.