McDonald's

McDonald's is less a restaurant company than a real-estate and franchising machine wrapped in golden arches. Most of its tens of thousands of locations are run by franchisees, and a big chunk of the company's profit comes from the rent and royalties they pay rather than from selling burgers directly, which gives it remarkably steady, high-margin cash flow. That model has made it one of the most reliable dividend payers in the market. The chain traces back to a 1940 restaurant in California, with the corporation established in 1955, and it is run today from Chicago. Its scale gives it pricing power and marketing muscle, though it faces the constant pressures of any consumer giant: shifting tastes, wage costs, and value-conscious diners trading down. For investors, McDonald's is a defensive holding that tends to hold up when the economy wobbles.

On MyRWA, MCD trades tokenized across 22 on-chain venues - see the listings below.