MoonPay Acquires AI Trading Startup Dawn Labs, Launches AI-Native Trading Tool

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MoonPay has acquired the AI trading startup Dawn Labs and launched Dawn CLI, an AI-native tool that enables users to create and execute automated trading strategies using natural language. Initially supporting Polymarket, the tool is planned for expansion to additional venues and assets. Dawn CLI operates with a non-custodial wallet, allowing users to review code and set trade limits. Trading activity is expected to increase due to the tool’s user-friendly design. Founder Neeraj Prasad will lead as Chief Engineer at MoonPay Labs.

ChainThink reports, according to Decrypt, that crypto payment company MoonPay has acquired AI trading startup Dawn Labs and launched Dawn CLI, an AI-native trading product that enables users to build and execute automated trading strategies using natural language descriptions.

This product initially supports the prediction market platform Polymarket, with plans to expand to additional exchanges and asset classes in the future. Neeraj Prasad, founder of Dawn Labs, has joined MoonPay Labs as Chief Engineer.

MoonPay states that Dawn CLI uses a non-custodial wallet architecture, allowing users to review strategy code before deployment and set policy control parameters such as transaction limits, market access scope, and position size.

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