According to Decrypt, global cryptocurrency payment company MoonPay announced that it has acquired AI trading startup Dawn Labs and launched an AI-powered trading tool called 'Dawn CLI'. Dawn CLI is structured so that when a user inputs a strategy in natural language, AI automatically converts it into trading strategy code and executes it. The initial supported platform is the prediction market platform Polymarket. MoonPay explained, "We have simplified system trading, which previously required development, quantitative analysis, and portfolio management capabilities, into a single interface." They also added that they plan to control AI malfunctions and excessive trading risks by applying a non-custodial wallet structure and transaction limit policies.
