End of Wall Street? Texas Stock Exchange to File SEC Paperwork – Report
Texas continues its rise to prominence when other states are falling short.
Plans are in motion for a new Dallas-based Texas Stock Exchange to officially launch in 2026, CNN reported.
The TXSE group will file with the U.S. Securities and Exchange Commission later this year with over 24 investors and $120 million in capital. Chairman and CEO of TXSE James Lee posted on his Linkedin that investors will include names like BlackRock and Citadel Securities.
TXSE is expected to have the most capital at launch of any exchange to file with the SEC, according to CNN and Lee’s post.
According to the TXSE website,
