The Stellar Development Foundation (SDF) has become a minority investor in payments provider MoneyGram International.
In an Aug. 15 X post, Stellar Development Foundation CEO and Executive Director Denelle Dixon announced the new investment saying the decision to provide funds to MoneyGram “was an easy one.”
In an accompanying blog post, Dixon added the investment was made out of the SDF’s own cash treasury using assets set aside to support the operations of the Foundation. This was used instead of Stellar’s Enterprise Fund used to invest in startups and…
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