Dubbed “Y’all Street” as the stock exchange looks to capitalize on Texas’ growing economic clout, CEO James Lee said the platform is looking to launch

The new Texas Stock Exchange plans to start trading in late 2025 from Dallas, with a leadership team that includes former Gov. Rick Perry. Why it matters: Gov. Greg Abbott hopes TXSE — pronounced "Tex-see" — will draw more companies to Texas and boost the state's already strong economy.

The Texas Stock Exchange announced a board of directors on Monday in its latest step toward building a national exchange to rival long-established platforms in New York and said it was gearing up to launch trading next year.