TechFlow news, December 11 — According to Vance Spencer, co-founder of Framework Ventures, after Sky tokens became fully unlocked with no vesting period restrictions, several prominent venture capital firms have either completely exited or significantly reduced their Sky token holdings.
As disclosed by Spencer, institutions that have fully liquidated their positions include: Paradigm (previously held 7%), a16z (6%), Bain Capital (2-4%), and Syncracy (approximately 1%). Additionally, Dragonfly (4-5%) and Parafi (3-4%) have also sold the majority of their holdings.
Spencer stated that, to his knowledge, Framework Ventures is currently the only venture capital firm still holding a large-scale position in Sky tokens.
Add to Favorites
Share to Social Media
