The Stellar Development Foundation became a minority investor in MoneyGram International during its go-private transaction with Madison Dearborn Partners, marking SDF's first treasury investment and securing a board seat to guide MGI's digital transformation and blockchain exploration.
The Stellar Development Foundation announced it has become a minority investor in MoneyGram International (MGI) following MGI's go-private transaction with Madison Dearborn Partners. This marks SDF's first investment made directly from its operational treasury rather than its Enterprise Fund. SDF CEO Denelle Dixon now holds a seat on MGI's Board of Directors. The partnership builds on years of collaboration starting in 2019 that led to MoneyGram Ramps, positioning Stellar as a leader in cash-to-crypto on and off-ramps. SDF's investment will support MGI's digital transformation, blockchain technology exploration, and expansion of its fintech services across nearly every country globally.
