diff --git a/src/commands/import_genesis_keys.py b/src/commands/import_genesis_keys.py
new file mode 100644
index 00000000..cb370983
--- /dev/null
+++ b/src/commands/import_genesis_keys.py
@@ -0,0 +1,126 @@
+import glob
+import os
+from pathlib import Path
+from typing import Dict
+
+import click
+from Cryptodome.Cipher import AES, PKCS1_OAEP
+from Cryptodome.PublicKey import RSA
+from eth_typing import BLSPrivateKey, HexAddress, HexStr
+from py_ecc.bls import G2ProofOfPossession
+from web3 import Web3
+
+from src.common.credentials import Credential
+from src.common.password import get_or_create_password_file
+from src.common.utils import greenify
+from src.common.validators import validate_eth_address
+from src.common.vault_config import VaultConfig
+from src.config.settings import settings
+
+
+@click.option(
+    '--data-dir',
+    default=str(Path.home() / '.stakewise'),
+    envvar='DATA_DIR',
+    help='Path where the vault data will be placed. Default is ~/.stakewise.',
+    type=click.Path(exists=True, file_okay=False, dir_okay=True),
+)
+@click.option(
+    '--rsa-key',
+    help='The RSA private key to decrypt keystores.',
+    type=click.Path(exists=True, file_okay=True, dir_okay=False),
+)
+@click.option(
+    '--exported-keys-dir',
+    help='Path where the encrypted keys are placed.',
+    type=click.Path(exists=True, file_okay=False, dir_okay=True),
+)
+@click.option(
+    '--vault',
+    help='The address of the vault.',
+    prompt='Enter the vault address',
+    type=str,
+    callback=validate_eth_address,
+)
+@click.command(help='Import encrypted keystores. Only for genesis vault')
+# pylint: disable-next=too-many-arguments
+def import_genesis_keys(
+    rsa_key: str,
+    exported_keys_dir: str,
+    vault: HexAddress,
+    data_dir: str,
+) -> None:
+    vault_config = VaultConfig(vault, Path(data_dir))
+    vault_config.load()
+    network = vault_config.network
+
+    settings.set(
+        vault=vault,
+        network=network,
+        vault_dir=vault_config.vault_dir,
+    )
+    if settings.network_config.GENESIS_VAULT_CONTRACT_ADDRESS != vault:
+        raise click.ClickException('Only genesis vault support keys import.')
+
+    keystores_dir = vault_config.vault_dir / 'keystores'
+    password_file = keystores_dir / 'password.txt'
+    password = get_or_create_password_file(password_file)
+
+    click.secho('Decrypting keystores...', bold=True)
+
+    transferred_keypairs = _decrypt_transferred_keys(
+        keys_dir=exported_keys_dir, decrypt_key=rsa_key
+    )
+
+    click.secho(f'Saving keystores to {greenify(keystores_dir)}...', bold=True)
+
+    index = 0
+    for private_key in transferred_keypairs.values():
+        credential = Credential(
+            private_key=BLSPrivateKey(private_key),
+            vault=vault,
+            network=network,
+            path=f'imported_{index}',
+        )
+        credential.save_signing_keystore(password=password, folder=str(keystores_dir))
+        index += 1
+
+    click.echo(
+        f'Done. Imported {greenify(len(transferred_keypairs))} keys for {greenify(vault)} vault.\n'
+        f'Keystores saved to {greenify(keystores_dir)} file\n'
+    )
+
+
+# pylint: disable-next=too-many-locals
+def _decrypt_transferred_keys(keys_dir: str, decrypt_key: str) -> Dict[HexStr, int]:
+    keypairs: Dict[HexStr, int] = {}
+
+    with open(decrypt_key, 'r', encoding='utf-8') as f:
+        rsa_key = RSA.import_key(f.read())
+    for filename in glob.glob(os.path.join(keys_dir, '*.enc')):
+        with open(os.path.join(os.getcwd(), filename), 'rb') as f:
+            try:
+                enc_session_key, nonce, tag, ciphertext = [
+                    f.read(x) for x in (rsa_key.size_in_bytes(), 16, 16, -1)
+                ]
+            except Exception as e:
+                raise click.ClickException(f'Invalid encrypted private key file: {filename}') from e
+
+        try:
+            cipher_rsa = PKCS1_OAEP.new(rsa_key)
+            session_key = cipher_rsa.decrypt(enc_session_key)
+        except Exception as e:
+            raise click.ClickException('Failed to decrypt the private key.') from e
+
+        # Decrypt the data with the AES session key
+        cipher_aes = AES.new(session_key, AES.MODE_EAX, nonce)
+        try:
+            private_key = int(cipher_aes.decrypt_and_verify(ciphertext, tag))
+            public_key = Web3.to_hex(G2ProofOfPossession.SkToPk(private_key))
+            keypairs[public_key] = private_key
+        except Exception as e:
+            raise click.ClickException(
+                'Failed to decrypt the private key file. Is it corrupted?'
+            ) from e
+
+    return keypairs
diff --git a/src/main.py b/src/main.py
index c9e2ea68..74f5fc32 100644
--- a/src/main.py
+++ b/src/main.py
@@ -10,6 +10,7 @@
 from src.commands.create_keys import create_keys
 from src.commands.create_wallet import create_wallet
 from src.commands.get_validators_root import get_validators_root
+from src.commands.import_genesis_keys import import_genesis_keys
 from src.commands.init import init
 from src.commands.merge_deposit_data import merge_deposit_data
 from src.commands.recover import recover
@@ -40,6 +41,7 @@ def cli() -> None:
 cli.add_command(start)
 cli.add_command(recover)
 cli.add_command(get_validators_root)
+cli.add_command(import_genesis_keys)
 cli.add_command(remote_db_group)
 
 if __name__ == '__main__':