MoonPay Acquires Dawn Labs, Launches AI Trading Copilot for Prediction Markets
TL;DR
MoonPay has acquired AI startup Dawn Labs and launched Dawn CLI, an AI trading tool that converts plain-English prompts into automated trading strategies. The product initially supports Polymarket.
Key points
- MoonPay acquired AI trading startup Dawn Labs
- Dawn CLI turns plain-English prompts into automated trading strategies
- The product launches first with support for Polymarket
- Dawn Labs focuses on autonomous trading tools for prediction markets
Mentioned in this story
MoonPayDawn Labs
Polymarket
In brief
- MoonPay acquired AI trading startup Dawn Labs and launched Dawn CLI.
- The platform turns plain-English trading prompts into automated trading strategies.
- MoonPay said the product launches first with support for Polymarket.
MoonPay is expanding further into AI-powered cryptocurrency infrastructure with the acquisition of Dawn Labs, a startup building autonomous trading tools for prediction markets and digital asset traders.
The crypto payments company said Monday that it acquired the applied research lab and launched Dawn CLI, an AI-native trading product designed to let users build and execute trading strategies using natural language prompts. (Disclosure: MoonPay Ventures is an investor in Dastan, the parent company of an editorially independent Decrypt.)
“Until now, building and running a systematic trading strategy required you to be a developer, a quant, and a portfolio manager,” Dawn Labs founder and Chief Engineer of MoonPay Labs Neeraj Prasad told Decrypt. “Dawn collapses that into a single interface. You describe what you want in plain English, and the system handles the code and execution.”
The launch comes as prediction market platforms like Polymarket and Kalshi see sizable growth, attracting traders betting on elections, sports, economic indicators, and geopolitical events. The growth of those markets has increased demand for tools that can analyze information, automate trades, and react quickly across multiple platforms.
“We’re starting with prediction markets because they are one of the fastest-growing sectors, and many traders in the space are underserved by existing tooling,” Prasad said.
Prasad said the platform will launch initially with support for Polymarket, with plans to expand to additional trading venues and asset types in the coming months.
The move reflects a broader push across crypto and fintech to build AI agents capable of interacting directly with financial systems. In April, cryptocurrency exchange Gemini launched an agentic trading feature for AI agents, while Coinbase, Stripe, and Amazon recently launched AI stablecoin payment rails, and Solana and Google did much the same.
Q&A
What is Dawn CLI and how does it work?
Dawn CLI is an AI-native trading product that allows users to create and execute trading strategies using natural language prompts.
Which company did MoonPay acquire for its AI trading expansion?
MoonPay acquired Dawn Labs, a startup focused on building autonomous trading tools for prediction markets.
What markets does Dawn CLI support at launch?
Dawn CLI initially supports trading on Polymarket.
Who is the founder of Dawn Labs and what did he say about the new product?
Neeraj Prasad, the founder of Dawn Labs, stated that Dawn simplifies the process of building trading strategies into a single interface using plain English.
