The Texas Stock Exchange has raised millions of dollars and plans to launch in 2026.
A new stock exchange is being formed in Texas and is seeking to challenge the New York Stock Exchange and Nasdaq. The Texas Stock Exchange is a newly formed entity focusing on enabling U.S. and global economies to access U.S. equity capital markets and will provide a space to trade and list public companies and exchange-traded products, according to a company release. If approved by the U.S.
According to the Wall Street Journal, the TXSE is also forming based on companies moving to states with better regulatory and taxation rules like the Lone Star state. Texas is among the top three states, the others New York and California, with multiple Fortune 500 companies in their respective areas.
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