Digital asset firm Galaxy has signed a 15-year agreement to name Texas Tech's stadium Galaxy Stadium. The deal expands the company's presence in West Texas.
Galaxy, a Nasdaq-listed digital asset and AI infrastructure company, signed the naming rights agreement with Texas Tech University. The Red Raiders' home stadium will be rebranded as Galaxy Stadium under the terms of the 15-year deal.
The agreement highlights Galaxy's growing focus on the region. Officials noted the appeal of West Texas due to its low-cost power and available land for crypto and AI projects.
The move comes as crypto investment and AI infrastructure continue to expand across Texas. No financial details of the naming rights deal were disclosed in reports.