MoonPay Acquires Dawn Labs, Launches AI Trading Copilot for Prediction Markets
MoonPay has acquired Dawn Labs, a startup focused on AI-powered autonomous trading tools for prediction markets and digital asset traders. With this acquisition, MoonPay launched Dawn CLI, allowing users to create and execute trading strategies using natural language prompts, eliminating the need for technical expertise. The platform initially supports Polymarket, with plans to expand to additional trading venues and asset types. MoonPay’s move reflects a broader trend in crypto and fintech to develop AI agents for direct financial system interaction. Recent industry developments include AI trading features from Gemini and AI-based payment solutions from Coinbase, Stripe, Amazon, Solana, and Google. Dawn addresses potential AI trading risks through non-custodial wallets, reviewable strategy code, and policy controls limiting trades and positions. The acquisition aligns with MoonPay’s push into AI infrastructure, including launching an open-source wallet standard for AI agents, a stablecoin debit card for AI models, and acquiring Sodot for crypto key management. MoonPay aims to make advanced trading tools accessible to a wider audience through agentic products that serve both humans and AI agents.
