Financial technology company MoonPay has announced the launch of an AI technology tool for prediction market trading strategies after acquiring Dawn Labs for an undisclosed amount.
MoonPay announced on Monday that it has launched Dawn CLI to facilitate trading strategies “in plain English,” citing its work on prediction market platforms such as Polymarket and Kalshi. Dawn Labs founder Neeraj Prasad said the tool democratizes trading “through general intelligence.”
“Prediction markets are one of the fastest growing categories, attracting a new generation of active traders across platforms such as Polymarket and Kalshi,” MoonPay said in an announcement. “These traders are leveraging signals from social media, automated strategies, and cross-platform positioning, but the infrastructure needed for high performance remains fragmented, manual, and technically demanding.”
sauce: moon pay
The move to move closer to the prediction market comes as Kalsi and Polimarket face multiple state-level lawsuits over allegations that they illegally facilitate sports betting and other activities not allowed under state law. MoonPay’s Chief Legal Officer, Caroline Pham, served as Commissioner and Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC) until December 2025, after which the Commission asserted exclusive jurisdiction over prediction markets.
Trading prediction markets continue to be monitored by many US lawmakers and industry leaders because the platforms’ models often allow insider trading. In April, a soldier was indicted on charges that he used classified information about the U.S. military operation to capture former Venezuelan President Nicolas Maduro to make more than $400,000 through polymarket event contracts.
Kalsi raises valuation to $22 billion
The MoonPay acquisition follows prediction market platform Kalshi’s closing of a $1 billion funding round last week, which valued the company at approximately $22 billion. The move effectively doubled Kalsi’s valuation in five months.
