The Texas Stock Exchange in the United States has raised $161 million from institutions such as Jump Trading and has submitted an application for operation

ChainCatcher news, according to a report by Reuters, the parent company of the Texas Securities Exchange (TXSE) stated that the exchange has submitted application documents to operate as a national securities exchange in the United States, aiming to launch in 2026.

The exchange stated that it hopes to reverse the ongoing decline in the number of publicly listed companies in the U.S. and address what it calls the "excessive costs of going public and maintaining listing status." The exchange also mentioned that it has raised $161 million from over 48 investors, including corporate giants such as BlackRock, Castle Securities, and Charles Schwab, as well as major U.S. market makers and trading firms like Jump Trading.