Cryptocurrency Q&A Is XLM owned by Ripple?

Is XLM owned by Ripple?

Carlo Carlo Tue Dec 03 2024 | 6 answers 1035
I'm wondering if XLM, also known as Stellar Lumens, is owned by Ripple. I've heard that XLM is a cryptocurrency similar to Ripple's XRP and was created by one of Ripple's co-founders, Jed McCaleb. This makes me question whether there is any ownership or affiliation between Ripple and XLM. Is XLM owned by Ripple?

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