Analog Devices

The world is analog but computers are digital, and Analog Devices sells the chips that translate between the two. Its converters turn real-world signals like sound, light, temperature, pressure and motion into digital data and back again, the unglamorous but essential parts inside factory equipment, cars, medical devices, phones and communications gear. Founded near Boston in 1965, the company is the second-largest analog chipmaker after Texas Instruments, and it bulked up through the multibillion-dollar acquisitions of Linear Technology and Maxim Integrated. Analog chips are a good business: designs last for years, sell into thousands of customers and carry fat margins, which makes ADI's cash flow steadier than the boom-bust reputation of the chip industry suggests. Its biggest markets, industrial and automotive, tie its results to the wider economy, so demand softens when factories and carmakers pull back on spending.

On MyRWA, ADI trades tokenized across 5 on-chain venues - see the listings below.