Texas Stock Exchange aims to challenge NYSE & Nasdaq 😳🏦; Joining forces against fraud: Capital One's brilliant partnership with FinTech giants 🤝🛡️; Worldcoin faces EU privacy reckoning 🧿

FinTech is Eating the World, 5 June

Hey Everyone,

Good morning & happy Thursday! Today’s issue is really packed as we’re going to look at the Texas Stock Exchange aiming to challenge NYSE & Nasdaq (what’s happening, what it means & what’s next); Capital One joining forces with Adyen & Stripe against fraud (why this is brilliant & why we need more of this + bonus deep dives into Adyen & Stripe), and Worldcoin that faces EU privacy reckoning (what’s happening & why and what are the future implications). Let’s jump straight into the amazing stuff 🌶

Texas Stock Exchange aims to challenge NYSE and Nasdaq 😳🏦

The (BIG) news 🗞️ A new player is set to enter the stock exchange arena, as the Texas Stock Exchange (TXSE) gears up to challenge the dominance of the New York Stock Exchange (NYSE) and Nasdaq.

The TXSE, backed by industry heavyweights like BlackRock BLK 0.00%↑ and Citadel Securities, has raised $120 million in capital with the goal of becoming a fully electronic national securities exchange.

Let’s take a quick look at this and see why it matters.