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MoonPay acquires Dawn Labs, unveils AI-driven prediction market trader

MoonPay acquires Dawn Labs, unveils AI-driven prediction market trader

MoonPay has taken a significant leap into the world of artificial intelligence and cryptocurrency trading by purchasing Dawn Labs, a startup specializing in AI trading solutions. Alongside this acquisition, the company introduced Dawn CLI, a command-line tool that allows users to generate live trading strategies on prediction markets using simple, natural language prompts.

The initial rollout of Dawn CLI is exclusively integrated with Polymarket, a leading decentralized prediction market platform. This integration enables traders to automate their betting strategies on events like elections, economic data releases, and other real-world occurrences, rather than focusing solely on token price speculation. MoonPay has indicated that support for additional trading venues and asset types will follow soon, aiming to cater to the growing demand for automated tools in this space.

This move aligns with MoonPay’s broader vision of creating an ‘agentic payments’ ecosystem, where both human traders and AI agents can leverage a unified infrastructure for funding, trading, and settlement. The company’s CEO, Ivan Soto-Wright, emphasized that their platform is built around four core functions: funding, trading, tokenization, and settlement. By integrating AI agents into this framework, MoonPay aims to simplify value transfer for all users.

The acquisition comes at a time when prediction markets are experiencing explosive growth, with weekly volumes reaching billions of dollars. Platforms like Polymarket and Kalshi are seeing increased activity, prompting venture capital firms to issue guidelines on managing risks associated with autonomous AI trading. Dawn CLI positions MoonPay at the forefront of this trend, offering non-technical users a straightforward way to participate in automated, on-chain betting.

Dawn Labs co-founder Pranav Prasad noted that prediction markets represent one of the fastest-growing sectors that currently lack adequate tools for many participants. By focusing on this area, MoonPay hopes to fill a critical gap in the market. The company’s earlier explainer on agentic payments highlighted how their MoonPay Agents product provides a non-custodial layer for AI agents, giving them access to wallets, funds, and fiat on-ramps and off-ramps.

As AI-driven trading experiments become more common—from retail users deploying bots on Polymarket to exchange-level agent rails being piloted across crypto platforms—Dawn CLI represents a step toward mainstreaming these workflows. With its acquisition of Dawn Labs, MoonPay is betting that AI-first interfaces will become the primary gateway for interacting with decentralized derivatives and on-chain markets.

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