Y'all Street Launches: Texas Stock Exchange Goes Live in Dallas

8 hours ago

Texas Stock Exchange (TXSE) officially launched in Dallas with major backers including BlackRock, Goldman Sachs, and Charles Schwab.
The exchange plans to begin corporate listings later this year and facilitate IPOs starting in 2027.
TXSE aims to compete with NYSE and Nasdaq, leveraging the economic growth of Texas and the 'Boom Belt' region.
The permanent headquarters will be in Dallas' Bank of America Tower, featuring a Texas Market Center with executive offices, museum, and broadcast studio.
The launch coincides with Texas' efforts to attract businesses from high-tax states like California and New York.

Texas leads the nation in planned natural gas-fired power plants for data centers, with 32 out of 74 national projects, which could emit over 287 million tons of greenhouse gases annually—equivalent to 61 million cars.
The proposed plants in Texas could also release significant air pollutants, including 14,000 tons of fine particulate matter, 20,000 tons of nitrogen oxides, and 8,000 tons of volatile organic compounds, linked to respiratory illnesses and heart disease.
Many proposed plants are in lower-income communities with below-average life expectancy, potentially worsening health disparities, and are concentrated in West Texas with limited air quality monitoring.

The U.S. Department of Energy announced a partnership with several companies to redevelop the Paducah Site into a data center campus with new energy infrastructure.
The privately funded investment exceeds $100 billion, expected to create about 8,000 construction jobs and 600 permanent jobs in Kentucky.
The project includes 2 GW of natural gas generation, transmission upgrades, and up to 2.6 GW of battery storage to support a 1.8 GW AI and HPC innovation campus.

The US government has deployed $23.9 billion in direct equity investments across 26 companies, with a remaining legal capacity of $181 billion up to a $205 billion ceiling.
Key sectors invested include critical minerals (e.g., MP Materials, 15% stake), semiconductors (e.g., Intel, 9.9% stake; xLight), quantum computing (9 companies), munitions (L3Harris), nuclear energy (Westinghouse), and steel (U.S. Steel golden share).
The government uses a three-tool approach: direct equity (shareholder stakes), grants/loans (traditional support), and off-take agreements/price floors (guaranteed purchases, as with MP Materials).

Augustus, an AI-native clearing bank for stablecoin-era payments, raised $180 million at a $1 billion valuation led by Tiger Global.
The company aims to replace legacy correspondent banking with always-on infrastructure that connects traditional payment systems and stablecoins, without issuing its own stablecoin.
Augustus has conditional OCC approval for a U.S. national bank charter and plans to expand dollar clearing, targeting markets in Latin America, Southeast Asia, the Middle East, and Africa.

Trump Media & Technology Group launched Truth API, a paid data feed for fast access to influential Truth Social posts.
The service targets algorithmic trading firms and others sensitive to information delays, offering posts from top accounts like Trump's.
It provides 24/7 coverage and an archive from 2022, aiming to generate new revenue and curb unauthorized data scraping by firms.

Texas leads the nation in planned natural gas-fired power plants for data centers, with 32 out of 74 national projects, which could emit over 287 million tons of greenhouse gases annually—equivalent to 61 million cars.
The proposed plants in Texas could also release significant air pollutants, including 14,000 tons of fine particulate matter, 20,000 tons of nitrogen oxides, and 8,000 tons of volatile organic compounds, linked to respiratory illnesses and heart disease.
Many proposed plants are in lower-income communities with below-average life expectancy, potentially worsening health disparities, and are concentrated in West Texas with limited air quality monitoring.

The U.S. Department of Energy announced a partnership with several companies to redevelop the Paducah Site into a data center campus with new energy infrastructure.
The privately funded investment exceeds $100 billion, expected to create about 8,000 construction jobs and 600 permanent jobs in Kentucky.
The project includes 2 GW of natural gas generation, transmission upgrades, and up to 2.6 GW of battery storage to support a 1.8 GW AI and HPC innovation campus.

The US government has deployed $23.9 billion in direct equity investments across 26 companies, with a remaining legal capacity of $181 billion up to a $205 billion ceiling.
Key sectors invested include critical minerals (e.g., MP Materials, 15% stake), semiconductors (e.g., Intel, 9.9% stake; xLight), quantum computing (9 companies), munitions (L3Harris), nuclear energy (Westinghouse), and steel (U.S. Steel golden share).
The government uses a three-tool approach: direct equity (shareholder stakes), grants/loans (traditional support), and off-take agreements/price floors (guaranteed purchases, as with MP Materials).

Augustus, an AI-native clearing bank for stablecoin-era payments, raised $180 million at a $1 billion valuation led by Tiger Global.
The company aims to replace legacy correspondent banking with always-on infrastructure that connects traditional payment systems and stablecoins, without issuing its own stablecoin.
Augustus has conditional OCC approval for a U.S. national bank charter and plans to expand dollar clearing, targeting markets in Latin America, Southeast Asia, the Middle East, and Africa.

Trump Media & Technology Group launched Truth API, a paid data feed for fast access to influential Truth Social posts.
The service targets algorithmic trading firms and others sensitive to information delays, offering posts from top accounts like Trump's.
It provides 24/7 coverage and an archive from 2022, aiming to generate new revenue and curb unauthorized data scraping by firms.

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