Arm Holdings plc

Arm designs the blueprints that nearly every smartphone chip is built on, without manufacturing a single one itself. Its power-efficient processor architecture sits inside the vast majority of the world's mobile phones and is spreading into laptops, cars and data-center servers, and Arm makes its money by licensing that intellectual property and collecting a royalty on every chip shipped. That toll-on-the-industry model gives it unusually high margins and exposure to the entire electronics market rather than any single product. Founded in 1990 in Cambridge, England, Arm is majority owned by Japan's SoftBank, which took it private in 2016 and then relisted a slice of it in 2023. Its growth pitch is that its architecture is winning share in AI data centers and PCs, and that royalty rates rise as chips get more complex. The stock trades at a rich multiple that banks on that expansion continuing.

On MyRWA, ARM trades tokenized across 28 on-chain venues - see the listings below.