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TXSE Group raises $430m as BlackRock and JPMorgan back new Texas exchange

Original: TXSE Group raises $430m in total capital as Wall Street giants back new Texas exchange Backed by heavyweights including

TXSE Group, a new electronic stock exchange based in Texas, has raised $430m in total capital after closing its third funding round. Backers include Wall Street heavyweights BlackRock and JP Morgan. The exchange is preparing to onboard its first corporate listings this month, positioning itself as a challenger to established US exchanges.

Why now: A well-funded new exchange challenging Wall Street incumbents, with first listings imminent, is major banking news.

TXSE GroupBlackRockJP MorganTexas

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• TXSE Group raises $430m in total capital as Wall Street giants back new Texas exchange Backed by heavyweights including BlackRock and JP Morgan, the electronic challenger closes its third funding round ahead of onboarding its first corporate listings this month. https://www.… · AlexJimenez@mas.to · 2

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