Why did MoonPay acquire Dawn Labs?

MoonPay acquired Dawn Labs to expand into AI-powered prediction market trading infrastructure. The deal supports MoonPay’s broader strategy around AI-driven crypto tools and automated trading systems.

Dawn CLI is an AI-powered trading tool designed for prediction markets such as Polymarket and Kalshi. The platform allows users to create trading strategies using plain English instead of writing complex code.

How does Dawn CLI work?

The platform automates research, strategy creation, backtesting and trade execution using artificial intelligence. It aims to simplify algorithmic trading for users without technical programming or quantitative trading backgrounds.

Why are prediction markets becoming popular in crypto?

Prediction markets are attracting traders because they allow speculation on political, economic and real-world events using blockchain-based platforms. MoonPay said the sector is growing rapidly as traders increasingly use social media signals and automated strategies.

Which prediction market platforms does Dawn CLI support?

MoonPay specifically referenced platforms including Polymarket and Kalshi. These platforms allow users to trade event outcomes using financial contracts.

Why is AI becoming important in prediction market trading?

AI tools can quickly analyse market data, social sentiment and pricing inefficiencies across platforms. Automated systems may also help traders react faster than manual trading strategies.

What did Dawn Labs founder Neeraj Prasad say about the platform?

Neeraj Prasad said the technology could democratise trading through artificial intelligence by lowering technical barriers for users interested in systematic trading strategies.

Are prediction markets facing regulatory problems?

Yes, prediction markets are under growing scrutiny from regulators and state authorities. Both Kalshi and Polymarket have faced legal and regulatory challenges related to sports betting, event contracts and insider trading concerns.

MoonPay expands into AI prediction market trading

Written by Heidi Cuthbert Published May. 12 2026Last Updated May. 12 2026

MoonPay acquired Dawn Labs for an undisclosed amount and simultaneously launched Dawn CLI, an AI-powered tool designed for prediction market trading.

MoonPay said Dawn CLI allows users to create and execute trading strategies “in plain English” across prediction market platforms including Polymarket and Kalshi.

The platform automates research, code generation, backtesting and trade execution, aiming to simplify algorithmic trading for users without advanced quantitative or programming expertise.

Dawn Labs founder Neeraj Prasad said the technology would help democratise trading through artificial intelligence and reduce the technical barriers associated with systematic trading strategies.

MoonPay said prediction markets had become one of the fastest-growing sectors in crypto, driven by increasing use of automated strategies, social media signals and cross-platform positioning by active traders.

The expansion comes as prediction markets face rising regulatory scrutiny in several jurisdictions, with both Kalshi and Polymarket confronting lawsuits and regulatory questions tied to sports betting, insider trading and event contracts.

The acquisition also follows a major funding round for Kalshi, which reportedly reached a valuation of roughly $22 billion last week as investor interest in prediction market infrastructure continued accelerating.