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Stellar Development Foundation

475 Brannan St Ste 400, San Francisco, CA, 94107, United States

Overview

Stellar Development Foundation is a decentralized, fast, scalable, and uniquely sustainable network for financial products and services. It is both a cross-currency transaction system and a platform for digital asset issuance, designed to connect the world’s financial infrastructure. Dozens of financial institutions worldwide issue assets and settle payments on the Stellar network, which has grown to over 4 million accounts. The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of Stellar. Founded in 2014, the Foundation maintains Stellar’s codebase, supports the technical and business communities building on the network, and serves as a voice to regulators and institutions. The Foundation seeks to create equitable access to the global financial system, using the Stellar network to unlock the world’s economic potential through blockchain technology.

Total investments
16
Lead investments
5
Investments · 12mo
4
Active investors
8

Sector focus

  • Blockchain
  • Cryptocurrency
  • FinTech
  • Non Profit
  • Payments
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Investment portfolio

  • Range Labs

    Participated · Series A · Jun 2026

    Range Labs offers a single real-time platform that unifies wallets, custodians, bank accounts, and exchanges while providing risk and compliance controls that screen transactions before money moves. The company positions its product as closing the gap between instant stablecoin settlement and slower, business-day treasury and compliance logic. Range reports protecting over $30B in assets under management and tracking 99.41% of stablecoin payments across 200+ networks, supported by more than 10,000 integrations with banks, custodians, and wallets. The newly raised Series A will be used to advance the financial control layer for companies operating across stablecoin, digital asset, and fiat rails. Range has attracted both fintech and crypto venture investors to support its growth.

  • Jia

    Participated · Seed · May 2026

    Jia provides Philippine small and medium enterprises with an integrated financial operating system that bundles working capital, corporate banking, and cash flow instruments. The company uses a proprietary AI credit model called Ossicone, trained on Southeast Asian SME data, to assess credit and speed liquidity. Through its platform, businesses can convert unpaid invoices into cash within 24 hours without collateral or prolonged approvals. Jia raised $3 million in a seed round—bringing its total funding to $7.3 million—and will deploy the new capital to scale its platform. The firm aims to expand its reach to over 1 million SMEs in the Philippines. Jia’s offerings target faster access to cash and streamlined financial operations for local businesses.

  • M1X Global

    Participated · Equity · Mar 2026

    M1X Global operates a tokenized sovereign debt platform in partnership with the government of the Republic of the Marshall Islands. Its flagship instrument, USDM1, is a USD-backed sovereign debt instrument issued in partnership with the Marshall Islands, collateralized by short-term U.S. Treasuries and governed by New York law. The company issues programmable sovereign bonds natively on blockchain infrastructure and leverages the country's unique legal and economic relationship with the United States. M1X Global frames its operations as a public-private partnership and focuses on institutional adoption of its tokenized assets. The firm announced a $5.5 million seed raise led by Paradigm to support scaling and market adoption initiatives.

  • Kira

    Led · Seed · Aug 2025

    Kira offers an all-in-one payments infrastructure stack that combines stablecoins, AI-driven agents, and enterprise APIs to let enterprises and startups launch embedded fintech products (payments, remittances, savings, payroll, treasury). The platform includes AI-driven payments, treasury automation, compliance workflows, and global payouts to remove technical friction for clients. Kira operated in stealth for over a year while building its stack and is led by founders with prior fintech experience, including a founder of Arcus (acquired by Mastercard). The company reports $3 million in revenue in its first year. Kira plans to accelerate technical hiring and develop new fintech products while forming strategic partnerships with regional banks and payment processors. The funding announcement emphasizes an initial expansion focus across Latin America, starting in South America.

  • HoneyCoin

    Participated · Seed · Aug 2025

    HoneyCoin provides stablecoin-powered payment infrastructure that connects directly to banks, mobile-money networks, and global payment partners to settle transactions in hours instead of days. Its stack includes a proprietary AI Matching Engine and a global colocation network of strategic banks to net flows and speed same-day settlements. The company processes about $150 million in monthly transactions, serves 350 enterprise clients and 326,000 direct consumers, and reports being profitable for the past two years. HoneyCoin says B2B volumes are growing 16% month-on-month while consumer activity via its Peer app grows 5% monthly, with roughly 60% of transactions domestic B2B. Founded in 2020 and operating in 15 African countries plus the US, parts of Europe and other emerging markets, it holds multiple licences (MSB/PSSP in Canada, VASP in Europe, MSB approval in the US) and regulatory Letters of No Objection in Nigeria, Kenya, and Tanzania. The company plans product and market expansion — including a stablecoin-backed Visa debit card, a cross-border liquidity solution with Interswitch, BaaS in Ghana/Malawi/Tanzania, and a software POS for East Africa — and will hire senior executives and secure more licences as part of its growth push.

Team

  • Denelle Dixon

    CEO and Executive Director

    LinkedIn
  • Jed McCaleb

    Co-Founder

    LinkedIn
  • David Mazières

    Chief Scientist, Co-founder

    LinkedIn
  • Boris Reznikov

    Senior Director, Business Development & Partnerships

    LinkedIn