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Silicon Valley Exchange Lists First Two Companies in ESG Push

  • Twilio, Asana shares to trade on Long-Term Stock Exchange
  • CEO Ries says new exchange offers ‘access to ESG investors’
Photographer: Gabby Jones/Bloomberg

A stock exchange hatched out of Silicon Valley that’s taking on established rivals in New York and Chicago is listing its first two companies.

Twilio Inc., a $63 billion cloud-based software company, and Asana Inc., a work-management platform valued around $12 billion, will list their shares on the Long-Term Stock Exchange Thursday, LTSE said in a statement.