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Crypto
Button Raises $5.1M to Build Bitcoin Prime Brokerage on Hyperliquid
12/02/2025, 21:06
AI SUMMARY
●Button secures $5.1 million in seed funding to build a Bitcoin prime brokerage
●Protocol utilizes Hyperliquid infrastructure to offer credit and yield services
●Project focuses on bringing institutional-grade financial tooling to Bitcoin
Button has announced a $5.1 million seed funding round to develop a prime brokerage for Bitcoin. The protocol aims to bring credit, yield, and trading infrastructure to the ecosystem, utilizing Hyperliquid as its underlying settlement layer.
The project focuses on creating a "tailored" future for Bitcoin, addressing the lack of sophisticated financial infrastructure for the asset. This development highlights the growing trend of building complex DeFi and CeDeFi products on high-performance chains like Hyperliquid.