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Stellar is a network for innovators building real world blockchain solutions that create financial access for everyone

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Mission & Key Concepts

Stellar 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.

The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of Stellar, an open-source network that connects the world’s financial infrastructure. Founded in 2014, the Foundation helps maintain 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.

Since 2014, the mission-driven team at the Stellar Development Foundation (SDF) has helped fuel the tremendous growth of the Stellar blockchain network, an open-source platform that operates at high-scale today. Developers and companies around the world build on it, and the SDF team is expanding to support the rapidly growing and changing Stellar ecosystem.  

SDF is working on projects that push the envelope on Blockchain technology, from cross-chain interoperability to decentralized finance. This work allows underserved populations to take part in exciting new financial systems.

Culture & Values

Ever since its start, SDF has always attracted big-dreamers, big-thinkers, and big-doers. It didn’t matter what their backgrounds were or where they came from. So long as they wanted to create equitable access to the world’s financial systems, these individuals could find their calling at SDF.

Our team consists of technologists, scientists, engineers, designers, and business people, all dedicated to unlocking the world’s economic potential by making money more fluid, markets more open, and people more empowered. It’s our job to create greater financial inclusion for everyone, everywhere – we hope it will be yours too.

The Foundation has offices in both San Francisco and New York City and employs team members all around the world.


  • Be outcome-oriented. We need to play to win. That means setting our sights on the outcome we want and going for it, working collaboratively to define the goal, and committing to driving all our efforts towards success.
  • Build with urgency. The world will move forward with or without us. We build with urgency to make an impact. We seek pragmatic solutions to difficult problems. We are iterative, learning and reinventing as we go and as we move towards our mission.
  • Speak with candor and listen with respect. We believe in openness and a culture rooted in feedback without hierarchy. We improve by listening to others, learning from them, and capturing the opportunity to improve. We improve by speaking with candor, offering our insights while valuing and supporting our colleagues.

History & Achievements

Founded: 2014

HQ: San Francisco, USA


  • Stellar Development Foundation (SDF) has raised a total of $3M in funding over 1 round. This was a Seed round raised on Aug 1, 2014.
  • SDF is funded by Stripe.
  • The Foundation has raised a total of $100M across 2 funds, their latest being Soroban Adoption Fund. This fund was announced on Oct 12, 2022 and raised a total of $100M.
  • Stellar Development Foundation has made 17 investments. Their most recent investment was on Oct 26, 2022, when Arf raised $13M.
  • Stellar Development Foundation has made 2 diversity investments. Their most recent diversity investment was on Apr 25, 2022, when Afriex raised $10M.

Core Team

  • David Mazières, Founder and Chief Scientist
  • Jed McCaleb, Founder and Chief Architect
  • Denelle Dixon, CEO and Executive Director
  • Jason Chlipala, COO