diff --git a/packages/hdwallet-native-vault/src/index.ts b/packages/hdwallet-native-vault/src/index.ts
index 317ff0ba6..364b7ec35 100644
--- a/packages/hdwallet-native-vault/src/index.ts
+++ b/packages/hdwallet-native-vault/src/index.ts
@@ -1,9 +1,11 @@
+import { registerKeystoreTransformers } from "./keystore";
 import { createMnemonic, crypto, entropyToMnemonic, GENERATE_MNEMONIC } from "./util";
 import { Vault } from "./vault";
 
 export type { ISealableVaultFactory, IVault, IVaultFactory } from "./types";
 export { GENERATE_MNEMONIC } from "./util";
 export { Vault } from "./vault";
+export { type XChainKeystore, decryptFromKeystore } from "./keystore";
 
 Vault.registerValueTransformer("#mnemonic", async (x: unknown) => {
   if (x !== GENERATE_MNEMONIC) return x;
@@ -16,4 +18,6 @@ Vault.registerValueWrapper("#mnemonic", async (x: unknown, addRevoker: (revoke:
   addRevoker(() => out.revoke?.());
   return out;
 });
+
+registerKeystoreTransformers();
 Vault.extensionRegistrationComplete();
diff --git a/packages/hdwallet-native-vault/src/keystore.ts b/packages/hdwallet-native-vault/src/keystore.ts
new file mode 100644
index 000000000..857200851
--- /dev/null
+++ b/packages/hdwallet-native-vault/src/keystore.ts
@@ -0,0 +1,115 @@
+import { blake2bFinal, blake2bInit, blake2bUpdate } from "blakejs";
+
+import { crypto, encoder } from "./util";
+import { Vault } from "./vault";
+
+// https://github.com/thorswap/SwapKit/blob/349a9212d8357cc35a8bab771728bbc8d6900ebc/packages/wallets/keystore/src/helpers.ts#L6
+export interface XChainKeystore {
+  crypto: {
+    cipher: string;
+    ciphertext: string;
+    cipherparams: {
+      iv: string;
+    };
+    kdf: string;
+    kdfparams: {
+      prf: string;
+      dklen: number;
+      salt: string;
+      c: number;
+    };
+    mac: string;
+  };
+  version: number;
+  meta: string;
+}
+
+// https://github.com/thorswap/SwapKit/blob/349a9212d8357cc35a8bab771728bbc8d6900ebc/packages/wallets/keystore/src/helpers.ts#L29-L42
+function blake256(data: Uint8Array): string {
+  const context = blake2bInit(32);
+  blake2bUpdate(context, data);
+  return Buffer.from(blake2bFinal(context)).toString("hex");
+}
+
+// https://github.com/thorswap/SwapKit/blob/349a9212d8357cc35a8bab771728bbc8d6900ebc/packages/wallets/keystore/src/helpers.ts#L102
+export async function decryptFromKeystore(keystore: XChainKeystore, password: string): Promise<string> {
+  if (keystore.version !== 1 || keystore.meta !== "xchain-keystore") {
+    throw new Error("Invalid keystore format");
+  }
+
+  const { kdfparams } = keystore.crypto;
+
+  // Derive key using PBKDF2 similar to SwapKit's `pbkdf2Async` call
+  const passwordKey = await (
+    await crypto
+  ).subtle.importKey("raw", encoder.encode(password), "PBKDF2", false, ["deriveBits"]);
+
+  const derivedKey = new Uint8Array(
+    await (
+      await crypto
+    ).subtle.deriveBits(
+      {
+        name: "PBKDF2",
+        salt: Buffer.from(kdfparams.salt, "hex"),
+        iterations: kdfparams.c,
+        hash: "SHA-256",
+      },
+      passwordKey,
+      kdfparams.dklen * 8
+    )
+  );
+
+  const ciphertext = Buffer.from(keystore.crypto.ciphertext, "hex");
+  const mac = blake256(Buffer.concat([Buffer.from(derivedKey.subarray(16, 32)), ciphertext]));
+
+  if (mac !== keystore.crypto.mac) {
+    throw new Error("Invalid password");
+  }
+
+  const aesKey = await (
+    await crypto
+  ).subtle.importKey(
+    "raw",
+    derivedKey.subarray(0, 16),
+    {
+      name: "AES-CTR",
+      length: 128,
+    },
+    false,
+    ["decrypt"]
+  );
+
+  const iv = Buffer.from(keystore.crypto.cipherparams.iv, "hex");
+  const counter = new Uint8Array(16);
+  counter.set(iv);
+
+  const decrypted = await (
+    await crypto
+  ).subtle.decrypt(
+    {
+      name: "AES-CTR",
+      counter,
+      length: 128,
+    },
+    aesKey,
+    ciphertext
+  );
+
+  return new TextDecoder().decode(decrypted);
+}
+
+export const registerKeystoreTransformers = () => {
+  Vault.registerValueTransformer("#keystore", async (value: unknown) => {
+    if (!value || typeof value !== "string") return value;
+
+    try {
+      const keystore = JSON.parse(value) as XChainKeystore;
+      if (keystore.version !== 1 || keystore.meta !== "xchain-keystore") {
+        throw new Error("Invalid keystore format");
+      }
+      return keystore;
+    } catch {
+      return value;
+    }
+  });
+};
diff --git a/packages/hdwallet-native-vault/src/vault.ts b/packages/hdwallet-native-vault/src/vault.ts
index 443f4b169..fdad4a12d 100644
--- a/packages/hdwallet-native-vault/src/vault.ts
+++ b/packages/hdwallet-native-vault/src/vault.ts
@@ -2,6 +2,7 @@ import * as core from "@shapeshiftoss/hdwallet-core";
 import * as jose from "jose";
 import * as ta from "type-assertions";
 
+import { decryptFromKeystore } from "./keystore";
 import { MapVault } from "./mapVault";
 import { RawVault } from "./rawVault";
 import { ISealableVaultFactory, IVault, VaultPrepareParams } from "./types";
@@ -179,6 +180,13 @@ export class Vault extends MapVault implements IVault {
     return this;
   }
 
+  async loadFromKeystore(stringifiedKeystore: string, password: string) {
+    const keystore = JSON.parse(stringifiedKeystore);
+    const mnemonic = await decryptFromKeystore(keystore, password);
+    this.set("#mnemonic", mnemonic);
+    return this;
+  }
+
   async save() {
     const unwrappedRevoker = new (Revocable(class {}))();
     const unwrapped = this.#unwrap((x) => unwrappedRevoker.addRevoker(x));