The exchange built for California's economy — one regulated venue to list, trade, and settle public equities, digital assets, and private & SMB markets.
California has the largest state economy in the United States, yet its companies still raise and trade capital on venues built elsewhere and decades ago. California Stock Exchange unifies three markets on a single regulated platform — and offers an affordable, regulatory-efficient path to public capital for small-cap, high-growth companies that legacy exchanges price out. Every trade settles the same day, with instant T+0 finality backed by a secure, independently verifiable settlement record.
A national securities exchange with continuous order-book trading, market data, and the CSE California 100 index.
Digital securities with instant T+0 settlement, backed by a tamper-proof, independently verifiable record.
Private-company shares, pre-IPO secondaries, and regional small-business equity — under one rulebook.
California economy served — the largest U.S. state market
California companies addressable for listing & private access
Instant, final settlement with a tamper-proof record
Markets unified on a single regulated venue
Recurring revenue from listing fees, trading & transaction fees, market-data subscriptions, and tiered membership for broker-dealers and market makers.
Basis-point fees on digital-asset issuance and instant T+0 settlement, backed by a tamper-proof record.
Illustrative demonstration document. California Stock Exchange is a demonstration project; figures and statistics are placeholders for format and completeness and do not constitute an offer to sell securities. Confidential.
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