diff --git a/packages/core/src/utils/triggerCacheCreation.ts b/packages/core/src/utils/triggerCacheCreation.ts
new file mode 100644
index 000000000..bb05b580e
--- /dev/null
+++ b/packages/core/src/utils/triggerCacheCreation.ts
@@ -0,0 +1,37 @@
+import path from 'node:path'
+import fs from 'fs-extra'
+import { ensureCacheDirExists } from '../ensureCacheDirExists'
+import { createCacheForWalletSetupFunction } from './createCacheForWalletSetupFunction'
+import { getUniqueWalletSetupFunctions } from './getUniqueWalletSetupFunctions'
+
+export async function triggerCacheCreation(
+  setupFunctions: Awaited<ReturnType<typeof getUniqueWalletSetupFunctions>>,
+  downloadExtension: () => Promise<string>,
+  force: boolean
+) {
+  const cacheDirPath = ensureCacheDirExists()
+  const extensionPath = await downloadExtension()
+
+  const cacheCreationPromises = []
+
+  for (const [funcHash, { fileName, setupFunction }] of setupFunctions) {
+    const cachePath = path.join(cacheDirPath, funcHash)
+    if (await fs.exists(cachePath)) {
+      if (!force) {
+        console.log(`Cache already exists for ${funcHash}. Skipping...`)
+        continue
+      }
+
+      console.log(`Cache already exists for ${funcHash} but force flag is set. Deleting cache...`)
+      await fs.remove(cachePath)
+    }
+
+    console.log(`Triggering cache creation for: ${funcHash} (${fileName})`)
+
+    // We're not inferring the return type here to make sure we don't accidentally await the function.
+    const createCachePromise: Promise<void> = createCacheForWalletSetupFunction(extensionPath, cachePath, setupFunction)
+    cacheCreationPromises.push(createCachePromise)
+  }
+
+  return cacheCreationPromises
+}
diff --git a/packages/core/test/utils/triggerCacheCreation.test.ts b/packages/core/test/utils/triggerCacheCreation.test.ts
new file mode 100644
index 000000000..faed0d347
--- /dev/null
+++ b/packages/core/test/utils/triggerCacheCreation.test.ts
@@ -0,0 +1,172 @@
+import { fs, vol } from 'memfs'
+import { afterAll, afterEach, beforeEach, describe, expect, it, vi } from 'vitest'
+
+import path from 'node:path'
+import fsExtra from 'fs-extra'
+import type { WalletSetupFunction } from '../../src/defineWalletSetup'
+import * as EnsureCacheDirExists from '../../src/ensureCacheDirExists'
+import * as CreateCacheForWalletSetupFunction from '../../src/utils/createCacheForWalletSetupFunction'
+import { triggerCacheCreation } from '../../src/utils/triggerCacheCreation'
+
+const ROOT_DIR = '/tmp'
+const EXTENSION_PATH = path.join(ROOT_DIR, 'extension')
+
+vi.mock('fs-extra', async () => {
+  return {
+    default: {
+      ...fs.promises,
+      exists: async (path: string) => {
+        return vol.existsSync(path)
+      },
+      remove: async (path: string) => {
+        vol.rmdirSync(path)
+      }
+    }
+  }
+})
+
+vi.mock('../../src/ensureCacheDirExists', async () => {
+  return {
+    ensureCacheDirExists: vi.fn(() => ROOT_DIR)
+  }
+})
+
+vi.mock('../../src/utils/createCacheForWalletSetupFunction', async () => {
+  return {
+    createCacheForWalletSetupFunction: vi.fn(async () => {
+      return 'Resolved Quack! 🦆'
+    })
+  }
+})
+
+describe('triggerCacheCreation', () => {
+  const createCacheForWalletSetupFunctionSpy = vi.spyOn(
+    CreateCacheForWalletSetupFunction,
+    'createCacheForWalletSetupFunction'
+  )
+
+  const downloadExtension = vi.fn(async () => EXTENSION_PATH)
+  const testSetupFunction = vi.fn()
+
+  function prepareSetupFunctions(hashes: string[]) {
+    const setupFunctions = new Map<string, { fileName: string; setupFunction: WalletSetupFunction }>()
+
+    for (const hash of hashes) {
+      setupFunctions.set(hash, { fileName: path.join(ROOT_DIR, hash), setupFunction: testSetupFunction })
+    }
+
+    return setupFunctions
+  }
+
+  function expectCreateCacheForWalletSetupFunction(n: number, contextCacheDirName: string) {
+    expect(createCacheForWalletSetupFunctionSpy).toHaveBeenNthCalledWith(
+      n,
+      EXTENSION_PATH,
+      path.join(ROOT_DIR, contextCacheDirName),
+      testSetupFunction
+    )
+  }
+
+  afterAll(() => {
+    vi.resetAllMocks()
+  })
+
+  beforeEach(() => {
+    vol.mkdirSync(ROOT_DIR)
+  })
+
+  afterEach(() => {
+    vi.clearAllMocks()
+    vol.reset() // Clear the in-memory file system after each test
+  })
+
+  it('calls ensureCacheDirExists', async () => {
+    const ensureCacheDirExistsSpy = vi.spyOn(EnsureCacheDirExists, 'ensureCacheDirExists')
+
+    const setupFunctions = prepareSetupFunctions(['hash1', 'hash2'])
+    await triggerCacheCreation(setupFunctions, downloadExtension, false)
+
+    expect(ensureCacheDirExistsSpy).toHaveBeenCalledOnce()
+  })
+
+  it('calls passed downloadExtension function', async () => {
+    const setupFunctions = prepareSetupFunctions(['hash1', 'hash2'])
+    await triggerCacheCreation(setupFunctions, downloadExtension, false)
+
+    expect(downloadExtension).toHaveBeenCalledOnce()
+  })
+
+  it('calls createCacheForWalletSetupFunction with correct arguments', async () => {
+    const setupFunctions = prepareSetupFunctions(['hash1', 'hash2'])
+    await triggerCacheCreation(setupFunctions, downloadExtension, false)
+
+    expect(createCacheForWalletSetupFunctionSpy).toHaveBeenCalledTimes(2)
+    expectCreateCacheForWalletSetupFunction(1, 'hash1')
+    expectCreateCacheForWalletSetupFunction(2, 'hash2')
+  })
+
+  it('checks if cache already exists for each entry', async () => {
+    const existsSpy = vi.spyOn(fsExtra, 'exists')
+
+    const setupFunctions = prepareSetupFunctions(['hash1', 'hash2'])
+    await triggerCacheCreation(setupFunctions, downloadExtension, false)
+
+    expect(existsSpy).toHaveBeenCalledTimes(2)
+    expect(existsSpy).toHaveBeenNthCalledWith(1, path.join(ROOT_DIR, 'hash1'))
+    expect(existsSpy).toHaveBeenNthCalledWith(2, path.join(ROOT_DIR, 'hash2'))
+  })
+
+  it('returns an array of createCacheForWalletSetupFunction promises', async () => {
+    const setupFunctions = prepareSetupFunctions(['hash1', 'hash2'])
+    const promises = await triggerCacheCreation(setupFunctions, downloadExtension, false)
+
+    expect(promises).toHaveLength(2)
+    expect(promises[0]).toBeInstanceOf(Promise)
+    expect(promises[1]).toBeInstanceOf(Promise)
+  })
+
+  describe('when force flag is false', () => {
+    it('ignores setup function for which cache already exists', async () => {
+      const setupFunctions = prepareSetupFunctions(['hash1', 'hash2', 'hash3'])
+
+      // Creating cache for 2nd setup function.
+      fs.mkdirSync(path.join(ROOT_DIR, 'hash2'))
+
+      const promises = await triggerCacheCreation(setupFunctions, downloadExtension, false)
+
+      expect(promises).toHaveLength(2)
+      expect(createCacheForWalletSetupFunctionSpy).toHaveBeenCalledTimes(2)
+      expectCreateCacheForWalletSetupFunction(1, 'hash1')
+      expectCreateCacheForWalletSetupFunction(2, 'hash3')
+    })
+  })
+
+  describe('when force flag is true', () => {
+    it('removes cache if it already exists for given setup function', async () => {
+      const setupFunctions = prepareSetupFunctions(['hash1', 'hash2', 'hash3'])
+
+      // Creating cache for 2nd setup function.
+      const pathToExistingCache = path.join(ROOT_DIR, 'hash2')
+      fs.mkdirSync(pathToExistingCache)
+
+      await triggerCacheCreation(setupFunctions, downloadExtension, true)
+
+      expect(fs.existsSync(pathToExistingCache)).toBe(false)
+    })
+
+    it('calls createCacheForWalletSetupFunction for setup functions that were previously cached', async () => {
+      const setupFunctions = prepareSetupFunctions(['hash1', 'hash2', 'hash3'])
+
+      // Creating cache for 2nd setup function.
+      fs.mkdirSync(path.join(ROOT_DIR, 'hash2'))
+
+      const promises = await triggerCacheCreation(setupFunctions, downloadExtension, true)
+
+      expect(promises).toHaveLength(3)
+      expect(createCacheForWalletSetupFunctionSpy).toHaveBeenCalledTimes(3)
+      expectCreateCacheForWalletSetupFunction(1, 'hash1')
+      expectCreateCacheForWalletSetupFunction(2, 'hash2')
+      expectCreateCacheForWalletSetupFunction(3, 'hash3')
+    })
+  })
+})