Who owns Lumen in the cryptocurrency world?

3 answers

• Dominique_ObJan 30, 2022 · 4 years ago
  Lumen, also known as XLM, is the native cryptocurrency of the Stellar network. It was created by Jed McCaleb, who is also the founder of Stellar. Therefore, Jed McCaleb can be considered as the owner of Lumen in the cryptocurrency world. However, it's important to note that the ownership of Lumen is decentralized, as it is held by various individuals and entities who participate in the Stellar network.
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• Eka WibowoJan 17, 2025 · 7 months ago
  Lumen is not owned by any single entity or organization. It is a decentralized cryptocurrency, which means that its ownership is distributed among the participants of the Stellar network. This ensures that no single entity has control over Lumen and that the network operates in a transparent and secure manner.
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• BuddyJayOct 11, 2021 · 4 years ago
  Lumen, being the native cryptocurrency of the Stellar network, is owned by the participants of the network. As a decentralized cryptocurrency, its ownership is distributed among the individuals and entities who hold and transact with Lumen. The ownership of Lumen is not controlled by any specific entity or organization, including BYDFi, the cryptocurrency exchange I work for.
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