Bank of America (BAC) and Goldman Sachs (GS) are leading a group of investors that is ponying up $20M to TXSE Group’s latest financing round, the parent of the Texas stock exchange said on Monday.
That will bring the total raise to $270M for the company that’s preparing to launch the TXSE next year. It said in late October that it raised cumulative financing of more than $250M.
BofA and Goldman join BlackRock (BLK), Charles Schwab (SCHW), JPMorgan Chase (JPM), and Citadel Securities as lead institutional investors in TXSE Group.
“These strategic investments represent continued momentum and further institutional validation of the Texas Stock Exchange and its mission, putting us in an even stronger position for the long haul,” James H. Lee, founder and CEO of TXSE Group said on a LinkedIn post.