Gov. Greg Abbott, R-Texas, is highlighting the progress of the upcoming Texas Stock Exchange. The exchange is an initiative that could bolster the state’s already robust financial landscape.
“Texas has already become the home of capital in the U.S. Today, we are staking our claim as the home of capital markets with the addition of the Texas Stock Exchange,” Abbott said at a press conference.
Set to launch in Dallas in late 2025, the Texas Stock Exchange, dubbed “Y’all Street,” is expected to begin trading in early 2026.
During a recent press conference, Abbott emphasized the strength of the Texas economy, noting that only seven countries have economies larger than Texas, which could soon surpass France. He mentioned several major companies that operate in the Lone Star State, including Chevron, Exxon Mobil, Valero, AT&T, Dell, Tesla, Southwest Airlines, and American Airlines.
Abbott stated that the new stock exchange will attract more business and economic opportunities for Texans.
“Today’s announcement is the next logical step in the trajectory of business in Texas,” Abbott said. “The Texas Stock Exchange will ensure that businesses have access to capital and that market participants have more choices. Texas is the modern embodiment of the American dream.”
The Texas Stock Exchange has already raised over $135 million in capital, making it the most well-capitalized national securities exchange applicant to ever file a registration with the SEC. Financial backers include BlackRock and Citadel Securities. The exchange is poised to submit its registration in the coming months.