Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

MoonPay launches AI trading agent after acquiring Dawn Labs

Defused News Writer profile image
by Defused News Writer
MoonPay launches AI trading agent after acquiring Dawn Labs

MoonPay is launching an AI-powered product that lets non-technical users create prediction market trading strategies after acquiring Dawn Labs, the company said in an announcement.

The move comes as prediction market activity expands: Polymarket and Kalshi's combined lifetime volumes have crossed $150 billion, the announcement said, framing market growth as context for the new tool.

Dawn Labs will introduce Dawn CLI as its first consumer-facing product. "I'm thrilled to announce that Dawn Labs has been acquired by MoonPay, and that we're launching Dawn CLI, our first consumer-facing product," Neeraj Prasad, founder of Dawn Labs, wrote in a post to X. MoonPay described Dawn Labs as a startup that translates "ideas into executable code" in a separate post on X.

Prasad said the consumer product will let users describe trading strategies in plain English and will automate user research, code generation, simulation and live execution. The announcement also noted recent related launches by MoonPay, including a non-custodial infrastructure layer called MoonPay Agents that enables AI agents to create wallets and transact autonomously, and a MoonAgents Card for spending from on-chain wallets.

MoonPay did not disclose the acquisition price, the announcement said.

The recap

  • MoonPay acquired Dawn Labs and launched an AI trading product.
  • Polymarket and Kalshi combined lifetime volumes passed $150 billion.
  • Dawn CLI is the first consumer-facing product from Dawn Labs under MoonPay.
Defused News Writer profile image
by Defused News Writer

Explore stories