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TXSE Group raises $430 million for new Texas stock exchange
Original: TXSE Group raises $430m in total capital as Wall Street giants back new Texas exchange Backed by heavyweights including
TXSE Group has raised $430 million in total capital, closing its third funding round ahead of onboarding its first corporate listings this month. The new Texas-based electronic stock exchange is backed by major financial players including BlackRock and JP Morgan, signaling Wall Street support for a challenger venue outside the traditional hubs of New York and Chicago.
Why now: A major new exchange backed by BlackRock and JP Morgan is launching its first listings, a notable challenge to established US exchanges.
TXSE GroupBlackRockJP MorganTexas
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