Nasdaq announced new investments to enhance liquidity, transparency, and financial integrity in Texas with the creation of a new Hub in Dallas, which will serve as a center for business leaders and innovators.
The company behind the famous index reaffirmed its commitment to the state of Texas and highlighted Texas’s role as a global innovation hub at an event held last Tuesday alongside Governor Greg Abbott, Ross Perot Jr., and state leaders.
With over $750 million in revenue generated in Texas and the southeastern U.S., according to company data, Nasdaq works with more than 2,000 clients—800 of them in Texas—and is home to over 200 Texas-based companies with a combined market capitalization of $1.98 trillion as of December 2024.
“Nasdaq is deeply embedded in the fabric of Texas’s economy, and we look forward to maintaining our leadership as the preferred partner to the state’s most innovative companies,” said Adena Friedman, Nasdaq’s Chair and CEO.
The firm continues to advocate for corporate issuers on matters such as the SEC’s climate and cyber disclosure rules, AI regulation, and proxy advisory reform.
Nasdaq’s investments strengthen Texas’s position as a financial and technology powerhouse, driving business expansion and economic resilience for years to come, the statement concluded.
