The group behind the exchange, led by TXSE CEO James Lee, is financed by institutional investors including BlackRock and Citadel Securities, with investments totaling approximately $135 million as of September 2024.

[2][failed verification] In September 2024, former President of the Federal Reserve Bank of Dallas Richard W. Fisher and former Texas Governor Rick Perry were named as a strategic advisor and a member of the board of directors, respectively.

[6] Additional board members include Rick Roberts, a former SEC commissioner, and Alex Bussandri, global head of strategy at Citadel Securities.

[2] TXSE plans for its physical presence to be in the heart of Dallas at the Texas Market Center (TMC), where the company expects to employ more than 100 people.

[10] Dallas, which hosts a Federal Reserve Bank and 24 Fortune 500 companies, is considered the nation's second-biggest financial hub by number of industry employees.