A better question might be why anyone is using a MAX7219 on a new design in 2024. There are so many other choices for displays than a 20 year-old IC from a company that's gone through two changes of ownership since.

Anyway, a 74LS245 isn't a level shifter, it's an octal buffer. It just happened to be the right choice for my needs. In your application, I'd suggest an actual level shifter. You can find level shift breakout boards at Sparkfun and Adafruit.