MoonPay launching AI agent tool for prediction market trading after acquiring Dawn Labs

MoonPay has acquired Dawn Labs and is launching an AI-powered tool designed to help "non-technical users" craft prediction market trading strategies.

"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," said Neeraj Prasad, founder of Dawn Labs, in a post to X.

In a separate post on X, MoonPay hailed Dawn Labs as a startup that says it translates "ideas into executable code." It did not say how much it paid to acquire the firm. The move follows a series of similar product launches and acquisitions by the crypto payments platform, including AI tools.

Dawn Labs "has been building the systems that let AI agents reason about markets, access financial rails, coordinate capital, and execute user-directed actions," according to Prasad. The new consumer product launched via MoonPay will allow "non-technical users to describe trading strategies in plain English, automating user research, code generation, simulation, and live execution," he added.

Prediction market trading activity, primarily across Kalshi and Polymarket, has experienced pronounced growth in recent years. In April, Polymarket and Kalshi's combined lifetime volumes crossed $150 billion.

Other recent MoonPay moves include the firm launching in February "MoonPay Agents," a non-custodial infrastructure layer that lets AI agents create wallets and transact autonomously, and then this month “MoonAgents Card,” a stablecoin debit card for AI agents and users to spend directly from onchain wallets.