We report observations obtained with the Keck adaptive optics facility of the nearby (d=9.8 pc) binary Gl~569. The system was known to be composed of a cool primary (dM2) and a very cool secondary (dM8.5) with a separation of 5 (49 Astronomical Units). We have found that Gl~569~B is itself double with a separation of only 0.101$pm$0.002 (1 Astronomical Unit). This detection demonstrates the superb spatial resolution that can be achieved with adaptive optics at Keck. The difference in brightness between Gl~569~B and the companion is $sim$0.5 magnitudes in the J, H and K bands. Thus, both objects have similarly red colors and very likely constitute a very low-mass binary system. For reasonable assumptions about the age (0.12~Gyr--1.0~Gyr) and total mass of the system (0.09~M$_odot$--0.15~M$_odot$), we estimate that the orbital period is $sim$3 years. Follow-up observations will allow us to obtain an astrometric orbit solution and will yield direct dynamical masses that can constrain evolutionary models of very low-mass stars and brown dwarfs.