March 31 (Reuters) - Trump Media & Technology Group ( DJT )

said on Monday it will become the first stock to be

listed on the New York Stock Exchange Texas, handing an early

boost to the venue as it gears up for fierce competition in the

state.

The company, which operates Truth Social and is primarily

owned by President Donald Trump, will also list its warrants on

the exchange. Its primary listing, however, will remain on the

Nasdaq, the company said.

Texas is the headquarters for the largest number of

companies listed on the NYSE, with a combined market value of

over $3.7 trillion, and is now seeing rising competition for

market dominance among stock exchanges.

The move could bolster Intercontinental Exchange ( ICE )

-owned NYSE, as its rival Nasdaq has also promised to

open a regional headquarters in the Lone Star State earlier this

month.

The two dominant listing venues will also have to contend

with the Texas Stock Exchange, a venture backed by heavyweights

including BlackRock ( BLK ) and Citadel Securities.

"This listing, alongside our plans to reincorporate in

Florida, shows we're part of a growing movement to take our

business to states that value free enterprise and personal

freedom," said Trump Media ( DJT ) CEO Devin Nunes.