diff --git a/core/common/util/src/test/java/org/eclipse/edc/util/collection/LruCacheTest.java b/core/common/util/src/test/java/org/eclipse/edc/util/collection/ConcurrentLruCacheTest.java
similarity index 73%
rename from core/common/util/src/test/java/org/eclipse/edc/util/collection/LruCacheTest.java
rename to core/common/util/src/test/java/org/eclipse/edc/util/collection/ConcurrentLruCacheTest.java
index 4a75303c5ae..b37bc52e71a 100644
--- a/core/common/util/src/test/java/org/eclipse/edc/util/collection/LruCacheTest.java
+++ b/core/common/util/src/test/java/org/eclipse/edc/util/collection/ConcurrentLruCacheTest.java
@@ -19,20 +19,20 @@
 
 import static org.assertj.core.api.Assertions.assertThat;
 
-class LruCacheTest {
+class ConcurrentLruCacheTest {
     private ConcurrentLruCache<String, String> cache;
 
     @Test
     void verifyEviction() {
         cache.put("foo", "foo");
         cache.put("bar", "bar");
-        assertThat(cache.containsKey("foo")).isTrue();
-        assertThat(cache.containsKey("bar")).isTrue();
+        assertThat(cache).containsKey("foo")
+                .containsKey("bar");
 
         cache.put("baz", "baz");
-        assertThat(cache.containsKey("baz")).isTrue();
-        assertThat(cache.containsKey("bar")).isTrue();
-        assertThat(cache.containsKey("foo")).isFalse();
+        assertThat(cache).containsKey("baz")
+                .containsKey("bar")
+                .doesNotContainKey("foo");
     }
 
     @BeforeEach
diff --git a/extensions/common/iam/decentralized-identity/identity-did-core/build.gradle.kts b/extensions/common/iam/decentralized-identity/identity-did-core/build.gradle.kts
index 4c93b1512a4..bc9976cb504 100644
--- a/extensions/common/iam/decentralized-identity/identity-did-core/build.gradle.kts
+++ b/extensions/common/iam/decentralized-identity/identity-did-core/build.gradle.kts
@@ -5,6 +5,7 @@ plugins {
 
 dependencies {
     api(project(":spi:common:identity-did-spi"))
+    implementation(project(":core:common:util"))
     implementation(project(":extensions:common:iam:decentralized-identity:identity-did-crypto"))
 
     implementation(libs.jakarta.rsApi)
diff --git a/extensions/common/iam/decentralized-identity/identity-did-core/src/main/java/org/eclipse/edc/iam/did/resolution/DidResolverRegistryImpl.java b/extensions/common/iam/decentralized-identity/identity-did-core/src/main/java/org/eclipse/edc/iam/did/resolution/DidResolverRegistryImpl.java
index ce688836732..cceab88eb51 100644
--- a/extensions/common/iam/decentralized-identity/identity-did-core/src/main/java/org/eclipse/edc/iam/did/resolution/DidResolverRegistryImpl.java
+++ b/extensions/common/iam/decentralized-identity/identity-did-core/src/main/java/org/eclipse/edc/iam/did/resolution/DidResolverRegistryImpl.java
@@ -18,21 +18,36 @@
 import org.eclipse.edc.iam.did.spi.resolution.DidResolver;
 import org.eclipse.edc.iam.did.spi.resolution.DidResolverRegistry;
 import org.eclipse.edc.spi.result.Result;
+import org.eclipse.edc.util.collection.ConcurrentLruCache;
+import org.jetbrains.annotations.NotNull;
 
 import java.util.HashMap;
 import java.util.Map;
 import java.util.Objects;
 
 /**
- * Default implementation.
+ * Default implementation, that delegates to several {@link DidResolver} objects, caching the results in a {@link ConcurrentLruCache}
  */
 public class DidResolverRegistryImpl implements DidResolverRegistry {
     private static final String DID = "did";
     private static final int DID_PREFIX = 0;
     private static final int DID_METHOD_NAME = 1;
-
+    private final ConcurrentLruCache<String, DidDocument> didCache;
     private final Map<String, DidResolver> resolvers = new HashMap<>();
 
+    public DidResolverRegistryImpl() {
+        didCache = new ConcurrentLruCache<>(50);
+    }
+
+    /**
+     * Constructs a DidResolverRegistryImpl object with the specified cache size.
+     *
+     * @param cacheSize the maximum number of entries that the cache can hold. Pass 0 to effectively deactivate the cache.
+     */
+    public DidResolverRegistryImpl(int cacheSize) {
+        didCache = new ConcurrentLruCache<>(cacheSize);
+    }
+
     @Override
     public void register(DidResolver resolver) {
         resolvers.put(resolver.getMethod(), resolver);
@@ -41,6 +56,7 @@ public void register(DidResolver resolver) {
     @Override
     public Result<DidDocument> resolve(String didKey) {
         Objects.requireNonNull(didKey);
+
         // for the definition of DID syntax, .cf https://www.w3.org/TR/did-core/#did-syntax
         var tokens = didKey.split(":");
         if (tokens.length < 3) {
@@ -50,10 +66,26 @@ public Result<DidDocument> resolve(String didKey) {
             return Result.failure("Invalid DID prefix");
         }
         var methodName = tokens[DID_METHOD_NAME];
-        var resolver = resolvers.get(methodName);
-        if (resolver == null) {
-            return Result.failure("No resolver registered for DID Method: " + methodName);
+
+        return resolveCachedDocument(didKey, methodName);
+    }
+
+    @NotNull
+    private Result<DidDocument> resolveCachedDocument(String didKey, String methodName) {
+        var didDocument = didCache.get(didKey);
+        if (didDocument == null) {
+            var resolver = resolvers.get(methodName);
+            if (resolver == null) {
+                return Result.failure("No resolver registered for DID Method: " + methodName);
+            }
+            var resolveResult = resolver.resolve(didKey);
+            if (resolveResult.failed()) {
+                return resolveResult;
+            }
+            didDocument = resolveResult.getContent();
+            didCache.put(didKey, didDocument);
         }
-        return resolver.resolve(didKey);
+
+        return Result.success(didDocument);
     }
 }