Galaxy Digital Inc. (NASDAQ:GLXY) experienced a significant stock surge of 17.88%, reaching $29.63 on Monday, following a strategic partnership with Morgan Stanley Wealth Management. This collaboration introduces a referral capability that enables eligible clients to lend cryptocurrency directly to Galaxy, receiving shares of spot crypto exchange-traded products, including the Morgan Stanley Bitcoin Trust (MSBT). This new model dramatically reduces onboarding times for crypto-to-ETP transactions by up to 75%, making it easier for institutional clients to integrate digital assets into their portfolios. Additionally, the overall digital asset market is witnessing a rally, with Bitcoin and Ethereum prices increasing by 2.58% and 2.99%, respectively. Galaxy is also in the process of establishing what is anticipated to be the largest single-campus data center in the United States, expected to be fully leased by July 4. Analysts note that while GLXY is trading above its 50-day and 100-day simple moving averages, it remains slightly below its 20-day average, indicating mixed market signals.