- A lot more hardening against physical attacks
- Cryptographic libraries optimized for their low-resource hardware
- (sometimes) a vendor certificate for a primary TPM key, aka an "EK cert"
Certainly a TPM running on an Arduino wouldn't have the physical hardware properties of a "real" TPM. But you could probably get it into a state with similar software properties.
This means if you want to deny the Axiom in some cases, you will also have to allow for the existence of vector spaces without a basis.