MoonPay Acquires AI Trading Startup Dawn Labs, Launches Predictive Market AI Trading Tool

Foresight News reports, according to Decrypt, crypto payment company MoonPay has acquired AI trading startup Dawn Labs and launched an AI-native trading product, Dawn CLI, which allows users to build and execute automated trading strategies through natural language descriptions. Initially, the product supports the predictive market platform Polymarket, with plans to expand to more trading venues and asset classes in the future. Dawn Labs founder Neeraj Prasad has been appointed as Chief Engineer of MoonPay Labs. MoonPay stated that Dawn CLI adopts a non-custodial wallet architecture, enabling users to review strategy code before deployment and set strategy control parameters such as trading limits, market access scope, and position sizes.