Texas is emerging as a prominent financial hub, with Governor Greg Abbott asserting that the state's brand surpasses that of New York. Nasdaq has announced plans to open a regional headquarters in Dallas, further solidifying its investment in Texas. Adena Friedman, CEO of Nasdaq, expressed optimism about strengthening relationships with clients to foster the state's financial growth. Currently, over 200 companies listed on Nasdaq are headquartered in Texas, boasting a combined market capitalization of $1.98 trillion as of December 2024.