Business
TXSE Group raises $250 million in capital following second funding round
TXSE Group announced today the completion of its second-round financing, bringing its total capital raised to more than $250 million as it readies the launch of the Texas Stock Exchange in the first quarter of 2026.
About this update from Blackrock, Inc.
[{"type":"text","content":"J.P. Morgan makes strategic investment in the Texas Stock Exchange, joining major global financial institutions, including BlackRock, Charles Schwab, and Citadel Securities ","length":172,"tagName":"p"},{"type":"text","content":"DALLAS, Oct. 31, 2025 /PRNewswire/ -- TXSE Group announced today the completion of its second-round financing, bringing its total capital raised to more than $250 million as it readies the launch of the Texas Stock Exchange in the first quarter of 2026.","length":253,"tagName":"p"},{"type":"image","alt":"TXSE wordmark (PRNewsfoto/TXSE Group Inc.)","displaySize":"","headline":null,"caption":"TXSE wordmark (PRNewsfoto/TXSE Group Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":132,"url":"https://media.zenfs.com/en/prnewswire.com/8fff1d58ea26720a9c79eaede1baf524"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.MdmiKslhEZ.gkiZkbd_Rg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIzMztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/8fff1d58ea26720a9c79eaede1baf524","width":400,"height":132}},"href":"https://mma.prnewswire.com/media/2430511/TXSE_Group_Inc_New_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Expanding its support from major global financial institutions, TXSE Group also announced today that it has received an equity investment from J.P. Morgan as it further solidifies its strategic presence in Texas. J.P. Morgan will join TXSE Group's board of directors as an observer.","length":286,"tagName":"p"},{"type":"text","content":""Our strong capital position validates our mission to bring increased competition to the U.S. capital markets," said James H Lee, founder and CEO of TXSE Group. "The Texas Stock Exchange's focus on alignment and transparency for issuers will alter the trajectory of our public markets and help establish Texas as a new global leader in capital markets."","length":377,"tagName":"p"},{"type":"text","content":"TXSE Group's institutional backing now includes four pillars of the U.S. capital markets. In addition to J.P. Morgan, TXSE's institutional investors include: BlackRock, the world's largest institutional manager with $13.5 trillion of AUM; Charles Schwab, the world's largest retail organization with $11.6 trillion in client assets and more than 50% of U.S. equity ret...