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The New York Stock Exchange (NYSE) has launched its first securities exchange operation in Texas, with Trump Media & Technology Group becoming the inaugural listing on the new platform.
NYSE Texas, which officially opened on 31st March 2025, represents the first securities exchange to be incorporated in the Lone Star State. The exchange will operate from a headquarters in Dallas, though the building is not yet complete.
The new venture builds on NYSE's 230-year history and comes as Texas continues to attract businesses from across the United States. According to NYSE, Texas is already home to the largest number of NYSE-listed companies, representing more than $3.7 trillion in aggregate market value.
Lynn Martin, President of NYSE Group, said: "We are thrilled to open NYSE Texas to corporate issuers and to welcome Trump Media & Technology Group to our NYSE community through a NYSE Texas listing. This new offering, which we announced just last month, will allow companies to capitalise on the pro-business dynamics in Texas. We applaud Trump Media, Governor Abbott and the state of Texas on their commitment to supporting the innovation of U.S. capital markets."
Trump Media & Technology Group, which will maintain its existing primary listing while being dually listed on NYSE Texas under the symbol "DJT", expressed enthusiasm about the move.
"We're honored to become the initial listing for NYSE Texas, which is a great fit for TMTG as we diversify into financial services and other realms," said TMTG CEO and Chairman Devin Nunes. "Texas provides a fantastic climate for business and entrepreneurship that aligns with TMTG's mission. This listing, alongside our plans to reincorporate in Florida, shows we're part of a growing movement to take our business to states that value free enterprise and personal freedom."
NYSE Texas is being positioned as an alternative for companies attracted to Texas' growing population, strong economy and business-friendly regulatory environment.
