The Dallas-based Texas Stock Exchange has resolved a trademark dispute with the Toronto Stock Exchange over its “TXSE” branding, The Texas Lawbook reported. Separately, Bloomberg reported that total funding for TXSE Group, the exchange’s parent company, has reached $270 million with new backing from Goldman and Bank of America.
The developments come as the upstart Texas Stock Exchange, backed by major financial institutions, continues preparations for a planned 2026 launch as a new national exchange headquartered in Dallas.
The trademark dispute stemmed from the Texas Stock Exchange’s effort to register “TXSE” as a trademark, a move that prompted objections from the Toronto Stock Exchange, which operates under the “TSX” name. According to The Texas Lawbook, the Canadian exchange argued that the branding was too similar and could cause confusion among market participants.
Court records cited by The Texas Lawbook show that the case was resolved through mediation, with dismissal documents expected to be filed by Jan. 12, 2026. U.S. District Judge Karen Gren Scholer referred the matter to mediation after hearing arguments on a motion to dismiss.
In a separate development, Bloomberg reported that TXSE Group has raised an additional $20 million in its most recent financing round, bringing total funding to $270 million. On LinkedIn, founder and CEO James H. Lee said Bank of America and Goldman Sachs have joined BlackRock, Citadel Securities, Charles Schwab, and J.P. Morgan as lead institutional investors.
Lee added that the latest investments reflect continued institutional support as the exchange moves toward launch, “putting us in an even stronger position for the long haul.”
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R E A D N E X T
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Dallas‑based TXSE has earned SEC approval to operate as a national exchange, aiming to begin trading by 2026. “Real competition for corporate listings in the United States has finally arrived,” said founder and CEO James H. Lee—and it’s coming from Y’all Street.
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The TXSE campaign features "high-impact" digital placements across all the terminals at Dallas Fort Worth International Airport and billboards at key sites across North Texas.
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![Jeb Hensarling [Photo: Grant Miller Photograhy/Venture Dallas]](https://s24806.pcdn.co/wp-content/uploads/2025/11/20251030VentureDallasConference-DSC_6240.jpg)
TXSE’s launch will spur needed competition and smooth the way for companies to go public, the strategic advisor said at the 2025 Venture Dallas conference. And, over time, he says it will help make Texas America’s ‘center for capital markets’ and become a defining chapter in the state’s economic history, alongside Spindletop and the integrated circuit.
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As it looks toward its Q1 2026 launch of the Dallas-based Texas Stock Exchange, TXSE Group announced that J.P. Morgan has made an equity investment and will join TXSE Group's board of directors as an observer. Other top backers include Black Rock, Charles Schwab, and Citadel Securities.
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In a LinkedIn post, the TXSE global managing director pointed to a recent article from The Daily Economy, a publication of the American Institute for Economic Research, which analyzes the upstart exchange's potential to shake up the capital markets landscape. As the article explains, "Exchanges are the plumbing of capitalism—the place where savings become investment and new industries find their footing."
