In accordance with Jinse, Framework Ventures co-founder Vance Spencer disclosed on X that major venture capital firms such as Paradigm, a16z, Bain, and Syncracy have fully sold their SKY token holdings. Dragonfly and Parafi have sold most of their stakes, leaving Framework as the only major VC still heavily holding SKY tokens.
Framework Ventures Remains Sole Major VC Holding SKY Tokens After Others Sell Out
JinseShare
Summary
On-chain news reveals that Framework Ventures remains the only major VC still holding significant SKY tokens. Paradigm, a16z, Bain, and Syncracy have fully sold their stakes, while Dragonfly and Parafi have offloaded most. Vance Spencer of Framework confirmed the shift on X. New token listings often see early backers exit, but Framework’s position stands out in the current market.
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