McDonald's stock (MCD) has a tokenised version, MCDx, a blockchain based asset that represents McDonald's Corporation shares. Each MCDx token is backed 1:1 by real McDonald's shares held in regulated custody. McDonald's is one of the world's largest fast food restaurant chains, serving customers in more than 100 countries. Most of its restaurants are run by franchisees, so McDonald's earns income from franchise fees, rent and royalties. It is known for items such as the Big Mac and is headquartered in Chicago, Illinois. Holding MCDx gives you indirect exposure to McDonald's shares, but it is not the same as owning the underlying shares and does not come with shareholder rights.