ASML Holding NV

ASML holds one of the most valuable monopolies in technology: it is the only company that makes the extreme-ultraviolet lithography machines needed to print the world's most advanced chips. Each of these machines costs hundreds of millions of dollars, takes years to build, and is essential to any fab producing leading-edge processors, which is why TSMC, Samsung and Intel all depend on it. That chokehold makes ASML a linchpin of the entire semiconductor industry and a pawn in the tech rivalry between the United States and China, since export controls restrict which of its tools can be sold to Chinese customers. Founded in 1984 and based in Veldhoven, the Netherlands, it is one of Europe's most valuable companies. The stock is effectively a bet on the long-term growth of advanced chip manufacturing, with geopolitics as the main wild card.

On MyRWA, ASML trades tokenized across 25 on-chain venues - see the listings below.