diff --git a/cmake/secp256k1.cmake b/cmake/secp256k1.cmake
new file mode 100644
index 00000000000..468e87f3fec
--- /dev/null
+++ b/cmake/secp256k1.cmake
@@ -0,0 +1,50 @@
+# Copyright (c) 2023-present The Bitcoin Core developers
+# Distributed under the MIT software license, see the accompanying
+# file COPYING or https://opensource.org/license/mit/.
+
+function(add_secp256k1 subdir)
+  message("")
+  message("Configuring secp256k1 subtree...")
+  set(SECP256K1_DISABLE_SHARED ON CACHE BOOL "" FORCE)
+  set(SECP256K1_ENABLE_MODULE_ECDH OFF CACHE BOOL "" FORCE)
+  set(SECP256K1_ENABLE_MODULE_RECOVERY ON CACHE BOOL "" FORCE)
+  set(SECP256K1_ENABLE_MODULE_MUSIG ON CACHE BOOL "" FORCE)
+  set(SECP256K1_BUILD_BENCHMARK OFF CACHE BOOL "" FORCE)
+  set(SECP256K1_BUILD_TESTS ${BUILD_TESTS} CACHE BOOL "" FORCE)
+  set(SECP256K1_BUILD_EXHAUSTIVE_TESTS ${BUILD_TESTS} CACHE BOOL "" FORCE)
+  if(NOT BUILD_TESTS)
+    # Always skip the ctime tests, if we are building no other tests.
+    # Otherwise, they are built if Valgrind is available. See SECP256K1_VALGRIND.
+    set(SECP256K1_BUILD_CTIME_TESTS ${BUILD_TESTS} CACHE BOOL "" FORCE)
+  endif()
+  set(SECP256K1_BUILD_EXAMPLES OFF CACHE BOOL "" FORCE)
+  include(GetTargetInterface)
+  # -fsanitize and related flags apply to both C++ and C,
+  # so we can pass them down to libsecp256k1 as CFLAGS and LDFLAGS.
+  get_target_interface(SECP256K1_APPEND_CFLAGS "" sanitize_interface COMPILE_OPTIONS)
+  string(STRIP "${SECP256K1_APPEND_CFLAGS} ${APPEND_CPPFLAGS}" SECP256K1_APPEND_CFLAGS)
+  string(STRIP "${SECP256K1_APPEND_CFLAGS} ${APPEND_CFLAGS}" SECP256K1_APPEND_CFLAGS)
+  set(SECP256K1_APPEND_CFLAGS ${SECP256K1_APPEND_CFLAGS} CACHE STRING "" FORCE)
+  get_target_interface(SECP256K1_APPEND_LDFLAGS "" sanitize_interface LINK_OPTIONS)
+  string(STRIP "${SECP256K1_APPEND_LDFLAGS} ${APPEND_LDFLAGS}" SECP256K1_APPEND_LDFLAGS)
+  set(SECP256K1_APPEND_LDFLAGS ${SECP256K1_APPEND_LDFLAGS} CACHE STRING "" FORCE)
+  # We want to build libsecp256k1 with the most tested RelWithDebInfo configuration.
+  enable_language(C)
+  foreach(config IN LISTS CMAKE_BUILD_TYPE CMAKE_CONFIGURATION_TYPES)
+    if(config STREQUAL "")
+      continue()
+    endif()
+    string(TOUPPER "${config}" config)
+    set(CMAKE_C_FLAGS_${config} "${CMAKE_C_FLAGS_RELWITHDEBINFO}")
+  endforeach()
+  # If the CFLAGS environment variable is defined during building depends
+  # and configuring this build system, its content might be duplicated.
+  if(DEFINED ENV{CFLAGS})
+    deduplicate_flags(CMAKE_C_FLAGS)
+  endif()
+  set(CMAKE_EXPORT_COMPILE_COMMANDS OFF)
+  add_subdirectory(${subdir})
+  set_target_properties(secp256k1 PROPERTIES
+    EXCLUDE_FROM_ALL TRUE
+  )
+endfunction()
diff --git a/src/CMakeLists.txt b/src/CMakeLists.txt
index 7f02b9258c0..94cfc60f609 100644
--- a/src/CMakeLists.txt
+++ b/src/CMakeLists.txt
@@ -23,54 +23,8 @@ if (ENABLE_IPC AND NOT WITH_EXTERNAL_LIBMULTIPROCESS)
   include(../cmake/libmultiprocess.cmake)
   add_libmultiprocess(ipc/libmultiprocess)
 endif()
-#=============================
-# secp256k1 subtree
-#=============================
-message("")
-message("Configuring secp256k1 subtree...")
-set(SECP256K1_DISABLE_SHARED ON CACHE BOOL "" FORCE)
-set(SECP256K1_ENABLE_MODULE_ECDH OFF CACHE BOOL "" FORCE)
-set(SECP256K1_ENABLE_MODULE_RECOVERY ON CACHE BOOL "" FORCE)
-set(SECP256K1_ENABLE_MODULE_MUSIG ON CACHE BOOL "" FORCE)
-set(SECP256K1_BUILD_BENCHMARK OFF CACHE BOOL "" FORCE)
-set(SECP256K1_BUILD_TESTS ${BUILD_TESTS} CACHE BOOL "" FORCE)
-set(SECP256K1_BUILD_EXHAUSTIVE_TESTS ${BUILD_TESTS} CACHE BOOL "" FORCE)
-if(NOT BUILD_TESTS)
-  # Always skip the ctime tests, if we are building no other tests.
-  # Otherwise, they are built if Valgrind is available. See SECP256K1_VALGRIND.
-  set(SECP256K1_BUILD_CTIME_TESTS ${BUILD_TESTS} CACHE BOOL "" FORCE)
-endif()
-set(SECP256K1_BUILD_EXAMPLES OFF CACHE BOOL "" FORCE)
-include(GetTargetInterface)
-# -fsanitize and related flags apply to both C++ and C,
-# so we can pass them down to libsecp256k1 as CFLAGS and LDFLAGS.
-get_target_interface(SECP256K1_APPEND_CFLAGS "" sanitize_interface COMPILE_OPTIONS)
-string(STRIP "${SECP256K1_APPEND_CFLAGS} ${APPEND_CPPFLAGS}" SECP256K1_APPEND_CFLAGS)
-string(STRIP "${SECP256K1_APPEND_CFLAGS} ${APPEND_CFLAGS}" SECP256K1_APPEND_CFLAGS)
-set(SECP256K1_APPEND_CFLAGS ${SECP256K1_APPEND_CFLAGS} CACHE STRING "" FORCE)
-get_target_interface(SECP256K1_APPEND_LDFLAGS "" sanitize_interface LINK_OPTIONS)
-string(STRIP "${SECP256K1_APPEND_LDFLAGS} ${APPEND_LDFLAGS}" SECP256K1_APPEND_LDFLAGS)
-set(SECP256K1_APPEND_LDFLAGS ${SECP256K1_APPEND_LDFLAGS} CACHE STRING "" FORCE)
-# We want to build libsecp256k1 with the most tested RelWithDebInfo configuration.
-enable_language(C)
-foreach(config IN LISTS CMAKE_BUILD_TYPE CMAKE_CONFIGURATION_TYPES)
-  if(config STREQUAL "")
-    continue()
-  endif()
-  string(TOUPPER "${config}" config)
-  set(CMAKE_C_FLAGS_${config} "${CMAKE_C_FLAGS_RELWITHDEBINFO}")
-endforeach()
-# If the CFLAGS environment variable is defined during building depends
-# and configuring this build system, its content might be duplicated.
-if(DEFINED ENV{CFLAGS})
-  deduplicate_flags(CMAKE_C_FLAGS)
-endif()
-set(CMAKE_EXPORT_COMPILE_COMMANDS OFF)
-add_subdirectory(secp256k1)
-set_target_properties(secp256k1 PROPERTIES
-  EXCLUDE_FROM_ALL TRUE
-)
-set(CMAKE_EXPORT_COMPILE_COMMANDS ON)
+include(../cmake/secp256k1.cmake)
+add_secp256k1(secp256k1)
 
 # Set top-level target output locations.
 if(NOT CMAKE_RUNTIME_OUTPUT_DIRECTORY)