MoonPay Acquires Daybreak Labs, Launches AI Buying and selling Copilot for Prediction Markets – Decrypt

MoonPay is increasing additional into AI-powered cryptocurrency infrastructure with the acquisition of Daybreak Labs, a startup constructing autonomous buying and selling instruments for prediction markets and digital asset merchants.

The crypto funds firm stated Monday that it acquired the utilized analysis lab and launched Daybreak CLI, an AI-native buying and selling product designed to let customers construct and execute buying and selling methods utilizing pure language prompts. (Disclosure: MoonPay Ventures is an investor in Dastan, the mother or father firm of an editorially impartial Decrypt.)

“Till now, constructing and working a scientific buying and selling technique required you to be a developer, a quant, and a portfolio supervisor,” Daybreak Labs founder and Chief Engineer of MoonPay Labs Neeraj Prasad advised Decrypt. “Daybreak collapses that right into a single interface. You describe what you need in plain English, and the system handles the code and execution.”

The launch comes as prediction market platforms like Polymarket and Kalshi see sizable development, attracting merchants betting on elections, sports activities, financial indicators, and geopolitical occasions. The expansion of these markets has elevated demand for instruments that may analyze info, automate trades, and react rapidly throughout a number of platforms.

“We’re beginning with prediction markets as a result of they’re one of many fastest-growing sectors, and lots of merchants within the house are underserved by present tooling,” Prasad stated.

Prasad stated the platform will launch initially with assist for Polymarket, with plans to increase to extra buying and selling venues and asset sorts within the coming months.

The transfer displays a broader push throughout crypto and fintech to construct AI brokers able to interacting straight with monetary programs. In April, cryptocurrency change Gemini launched an agentic buying and selling characteristic for AI brokers, whereas Coinbase, Stripe, and Amazon lately launched AI stablecoin fee rails, and Solana and Google did a lot the identical.

Whereas AI has more and more change into part of the cryptocurrency panorama, Prasad stated MoonPay doesn’t view AI brokers and human customers as separate buyer bases: The tech is designed to work for merchants of all types.

“We have been constructing MoonPay round 4 pillars: fund, tokenize, commerce, and spend,” he stated. “Our agentic merchandise put that very same stack within the fingers of AI brokers. Every one makes it simpler for each people and brokers to maneuver worth. Daybreak is the newest instance. A human units the technique, and the agent executes it.”

The rise of autonomous buying and selling brokers has raised considerations about hallucinated methods, unintended trades, and execution failures, significantly as AI programs start dealing with actual capital.

Prasad stated Daybreak addresses these dangers via non-custodial wallets created domestically via the Open Pockets Commonplace, a reviewable technique code that customers can examine earlier than deployment, together with coverage controls that restrict how a lot an agent can commerce, which markets it could possibly entry, and the way positions are sized.

The information additionally comes as MoonPay pushes additional into AI-focused infrastructure. In latest months, the corporate has launched an open-source pockets customary for AI brokers, launched a stablecoin debit card for autonomous AI fashions, and bought crypto key administration agency Sodot as a part of a broader institutional enlargement.

“The crew at Daybreak Labs have made probably the most complicated components of energetic buying and selling accessible to anybody with an thought,” MoonPay CEO Ivan Soto-Wright stated in an announcement. “With Daybreak, AI brokers can develop and execute subtle buying and selling methods autonomously. That’s what this subsequent chapter of MoonPay is about.”