What is the difference between Ripple (company) and XRP?

Ripple Labs, Inc. is the company that created the XRP Ledger and RippleNet. XRP is also known as Ripple and is the digital asset and cryptocurrency that is native to the XRP Ledger. Ripple (company) holds a large amount of XRP, but it is separate from the digital asset and its value is not tied to the company’s performance.