MoonPay Acquires Dawn Labs, Launches AI Trading Copilot for Prediction Markets

MoonPay is expanding further into AI-powered cryptocurrency infrastructure with the acquisition of Dawn Labs, a startup gathering autonomous trading tools for prediction markets and integer plus traders.

The crypto payments institution said Monday that it acquired the applied probe laboratory and launched Dawn CLI, an AI-native trading merchandise designed to fto users physique and execute trading strategies utilizing earthy connection prompts. (Disclosure: MoonPay Ventures is an investor successful Dastan, the genitor institution of an editorially independent Decrypt.)

“Until now, gathering and moving a systematic trading strategy required you to beryllium a developer, a quant, and a portfolio manager,” Dawn Labs laminitis and Chief Engineer of MoonPay Labs Neeraj Prasad told Decrypt. “Dawn collapses that into a azygous interface. You picture what you privation successful plain English, and the strategy handles the codification and execution.”

The motorboat comes arsenic prediction marketplace platforms similar Polymarket and Kalshi spot sizable growth, attracting traders betting connected elections, sports, economical indicators, and geopolitical events. The maturation of those markets has accrued request for tools that tin analyse information, automate trades, and respond rapidly crossed aggregate platforms.

“We’re starting with prediction markets due to the fact that they are 1 of the fastest-growing sectors, and galore traders successful the abstraction are underserved by existing tooling,” Prasad said.

Prasad said the level volition motorboat initially with enactment for Polymarket, with plans to grow to further trading venues and plus types successful the coming months.

The determination reflects a broader propulsion crossed crypto and fintech to physique AI agents susceptible of interacting straight with fiscal systems. In April, cryptocurrency speech Gemini launched an agentic trading diagnostic for AI agents, portion Coinbase, Stripe, and Amazon precocious launched AI stablecoin outgo rails, and Solana and Google did overmuch the same.

While AI has progressively go a portion of the cryptocurrency landscape, Prasad said MoonPay does not presumption AI agents and quality users arsenic abstracted lawsuit bases: The tech is designed to enactment for traders of each sorts.

“We've been gathering MoonPay astir 4 pillars: fund, tokenize, trade, and spend,” helium said. “Our agentic products enactment that aforesaid stack successful the hands of AI agents. Each 1 makes it easier for some humans and agents to determination value. Dawn is the latest example. A quality sets the strategy, and the cause executes it.”

The emergence of autonomous trading agents has raised concerns astir hallucinated strategies, unintended trades, and execution failures, peculiarly arsenic AI systems statesman handling existent capital.

Prasad said Dawn addresses those risks done non-custodial wallets created locally done the Open Wallet Standard, a reviewable strategy codification that users tin inspect earlier deployment, on with argumentation controls that bounds however overmuch an cause tin trade, which markets it tin access, and however positions are sized.

The quality besides comes arsenic MoonPay pushes further into AI-focused infrastructure. In caller months, the institution has launched an open-source wallet modular for AI agents, introduced a stablecoin debit card for autonomous AI models, and acquired crypto cardinal absorption steadfast Sodot arsenic portion of a broader organization expansion.

“The squad astatine Dawn Labs person made the astir analyzable parts of progressive trading accessible to anyone with an idea,” MoonPay CEO Ivan Soto-Wright said successful a statement. “With Dawn, AI agents tin make and execute blase trading strategies autonomously. That is what this adjacent section of MoonPay is about.”