Netflix

Netflix invented modern streaming and then spent years fighting to defend the lead. It grew from a DVD-by-mail service into the largest subscription video platform on earth, with hundreds of millions of paying members across nearly every country, and it reshaped television by spending enormous sums on original shows and films. After growth stalled and rivals piled in, the company changed tack: it cracked down on password sharing and launched a cheaper ad-supported tier, both of which reaccelerated subscribers and revenue. Founded in 1997 by Reed Hastings and Marc Randolph and based in Los Gatos, California, Netflix has now turned consistently profitable and cash-generative, a shift from its cash-burning growth years. The stock rides on subscriber additions, the ramp of its advertising business, and whether it can keep raising prices without driving members away, especially as live sports and events become a new battleground.

On MyRWA, NFLX trades tokenized across 31 on-chain venues - see the listings below.