Odaily Planet Daily reported that Hyperbeat, the native revenue layer of the Hyperliquid ecosystem, completed an oversubscribed seed round of financing of US$5.2 million. Ether.fi Ventures and Electric Capital jointly led the investment, and Coinbase Ventures, Chapter One, Selini, Maelstrom, Anchorage Digital and HyperCollective community supporters participated in the investment.

Hyperbeat aims to build permissionless financial infrastructure that allows anyone to earn, stake, and spend directly from their on-chain portfolio. (CoinDesk)