Wendy's

Square burger patties are Wendy's signature, a deliberate contrast to the round ones at McDonald's and Burger King, and the visual shorthand for a chain that has always sold itself on fresher, higher-quality fast food. Dave Thomas opened the first restaurant in Columbus, Ohio, in 1969, and the company now runs one of the largest quick-service burger systems in the world. Like its peers, Wendy's makes most of its money as a franchisor: it collects royalties and fees from operators who own the individual restaurants, an asset-light model that throws off steady cash. Menu staples like the Frosty and the Baconator anchor the brand, while breakfast, late-night pushes, and a sharp social-media voice are how it fights for share in a saturated market. Headquarters sit in Dublin, Ohio.

On MyRWA, WEN trades tokenized across 12 on-chain venues - see the listings below.