The advent of a new trading platform on the stock exchange horizon could alter the standings among major players. TXSE Group Inc, the parent company of the proposed Texas Stock Exchange, has announced the completion of its initial fundraising round, securing an impressive $161 million. This news underscores the company's determination to establish a foothold in this competitive landscape.

The U.S. Securities and Exchange Commission (SEC) on Thursday repealed accounting guidance that had long been a point of contention within the cryptocurrency industry. This move by President Donald Trump marks a departure from the previous administration's policies and represents a significant victory for the digital asset sector.