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Texas Stock Exchange (TXSE) raised $120 million in a funding round led by BlackRock and Citadel Securities to launch a new challenger exchange in Texas.
PRIVATEJun 05, 2024•about 2 years ago
Amount Raised
$120 Million
Round Type
Funding Round
DallasOther
Investors
Citadel SecuritiesBlack Rock
Description
Texas Stock Exchange (TXSE) has raised $120 million from around a dozen investors including BlackRock and Citadel Securities in a funding round closed in May. The new exchange is setting out plans to file for registration with the US Securities and Exchanges Commission (SEC) and aiming for a launch at the start of 2025.
Company Information
Company
TXSE Group
Location
Dallas, Texas, United States
About
TXSE Group Inc. is the parent company of the Texas Stock Exchange. TXSE will be headquartered in Dallas and plans to serve U.S.-based and international issuers, investors, and market participants. The Texas Stock Exchange (TXSE) aims to revitalize competition for issuers, establish the premier venue for listings, and create a world-class trading platform for all market participants.
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DallasOther