Texas Stock Exchange raises $161 million from over 48 investors including Jump Trading

On February 1st, the parent company of the Texas Stock Exchange (TXSE) announced that the exchange has submitted application documents to operate as a national securities exchange in the United States, with the goal of launching in 2026. The exchange stated that it hopes to reverse the continuous decline in the number of listed companies in the United States and address the issue of "high costs for companies to go public and maintain their listing status". The exchange also announced that it has raised $161 million from over 48 investors, including corporate giants such as BlackRock, Castle Securities, and ChinaAMC, as well as major market makers and trading institutions in the United States such as Jump Trading. (Reuters)