TXSE Group Raise $161 Million in Latest Funding Round

Texas Stock Exchange Inc. (TXSE Group) has announced that it has closed its initial capital raise at $161 million, making the group the most well-capitalised exchange to ever file a Form 1 registration with the US Securities and Exchange Commission (SEC).

The Dallas-based TXSE will continue to work with the SEC on the approval of its registration. If granted, TXSE intends to launch trading in early 2026, with listings by the end of the same year. In addition to equities, TXSE Group plans to host auctions and sell exchange-traded products and data.

TXSE is one of the only fully integrated exchanges in the US to file for SEC approval in the past 20 years. Its filing proposes trading, listings of corporate issuers and ETPs, auctions, and a range of data products.

The Group’s founding investors represent all major sectors in the markets: liquidity providers, retail and institutional investors, and business leaders from across the country.

They include BlackRock, Citadel Securities, Charles Schwab, Dell Family Office Management, Fortress, Jump Trading, Squarepoint, Susquehanna Private Equity Investments, Tower Research, and other market leaders. 

TXSE’s goal is to provide greater alignment with issuers and investors and address the high cost of going and staying public. TXSE is also well underway in building an order matching engine that leverages the latest technology to deliver predictable performance, low latency, and speed comparable to that of the world’s top-performing markets.

TXSE is looking to join a group of smaller bourses that are trying to have some market share from the top American bourses – New York Stock Exchange and Nasdaq – which dominate the US public-equity trading.

Another Milestone

James H Lee, founder and CEO of TXSE Group Inc., said that the achievement marked another milestone in their journey to make the Texas Stock Exchange a reality.

“Our team of market veterans and experienced technologists is committed to our long-term vision of revitalising competition for listings and enhancing trading in the US capital markets and in addition, TXSE is considering additional financing to further accelerate its plans,” he said.

According to Lee, the composition of TXSE Group’s founding ownership was intentional and deliberate. The market power of their investors reflected the depth of commitment to the success of this exchange, not just in the early years but over the next decade and beyond.