With $160 million in funding from Wall Street heavyweights, the startup’s CEO wants to challenge New York as a financial hub.

The New York Stock Exchange announced plans to reincorporate NYSE Chicago to NYSE Texas, headquartered in Dallas.

NYSE will launch its Texas exchange by reincorporating and renaming NYSE Chicago. Intercontinental Exchange Inc., NYSE's parent company, acquired the Chicago Stock Exchange in 2018 and rebranded it as ...