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.
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