Texas Stock Exchange Lands $161 Million, Sees 2026 Trading Start

TXSE Group Inc., parent company of the proposed Texas Stock Exchange, closed its initial fundraising round at $161 million and said the TXSE has filed for registration as a bourse with the US Securities and Exchange Commission.

If the registration is granted, trading would start in early 2026, the company said in a statement Friday. It had previously said trading would begin by the end of this year. The exchange – whose backers include BlackRock Inc. and Citadel Securities – is still targeting its first listings for next year.

The upstart TXSE is seeking to join a handful of ...