diff --git a/eotsmanager/proto/eotsmanager.pb.go b/eotsmanager/proto/eotsmanager.pb.go
index eaf5ac07..50c63822 100644
--- a/eotsmanager/proto/eotsmanager.pb.go
+++ b/eotsmanager/proto/eotsmanager.pb.go
@@ -1,6 +1,6 @@
 // Code generated by protoc-gen-go. DO NOT EDIT.
 // versions:
-// 	protoc-gen-go v1.31.0
+// 	protoc-gen-go v1.33.0
 // 	protoc        (unknown)
 // source: eotsmanager.proto
 
diff --git a/finality-provider/cmd/fpd/daemon/daemon_commands.go b/finality-provider/cmd/fpd/daemon/daemon_commands.go
index 4a982263..c8683e5c 100644
--- a/finality-provider/cmd/fpd/daemon/daemon_commands.go
+++ b/finality-provider/cmd/fpd/daemon/daemon_commands.go
@@ -8,6 +8,7 @@ import (
 	"strconv"
 
 	"cosmossdk.io/math"
+	"github.com/babylonlabs-io/babylon/types"
 	bbntypes "github.com/babylonlabs-io/babylon/types"
 	"github.com/cosmos/cosmos-sdk/client"
 	sdkflags "github.com/cosmos/cosmos-sdk/client/flags"
@@ -66,6 +67,12 @@ func CommandCreateFP() *cobra.Command {
 		Use:     "create-finality-provider",
 		Aliases: []string{"cfp"},
 		Short:   "Create a finality provider object and save it in database.",
+		Long: fmt.Sprintf(`
+		Create a new finality provider object and store it in the finality provider database.
+		It needs to have an operating EOTS manager available and running.
+
+		If the flag %s is set, it will ask for the key record from the EOTS manager for the
+		corresponding EOTS public key. If it is not set, it will create a new EOTS key`, fpEotsPkFlag),
 		Example: fmt.Sprintf(`fpd create-finality-provider --daemon-address %s ...`, defaultFpdDaemonAddress),
 		Args:    cobra.NoArgs,
 		RunE:    fpcmd.RunEWithClientCtx(runCommandCreateFP),
@@ -84,6 +91,7 @@ func CommandCreateFP() *cobra.Command {
 	f.String(websiteFlag, "", "An optional website link")
 	f.String(securityContactFlag, "", "An email for security contact")
 	f.String(detailsFlag, "", "Other optional details")
+	f.String(fpEotsPkFlag, "", "Optional hex EOTS public key, if not provided a new one will be created")
 
 	return cmd
 }
@@ -135,10 +143,24 @@ func runCommandCreateFP(ctx client.Context, cmd *cobra.Command, _ []string) erro
 		return fmt.Errorf("failed to read flag %s: %w", hdPathFlag, err)
 	}
 
+	eotsPkHex, err := flags.GetString(fpEotsPkFlag)
+	if err != nil {
+		return fmt.Errorf("failed to read flag %s: %w", fpEotsPkFlag, err)
+	}
+
+	if len(eotsPkHex) > 0 {
+		// if is set, validate before the creation request
+		_, err := types.NewBIP340PubKeyFromHex(eotsPkHex)
+		if err != nil {
+			return fmt.Errorf("invalid eots public key %s: %w", eotsPkHex, err)
+		}
+	}
+
 	info, err := client.CreateFinalityProvider(
 		context.Background(),
 		keyName,
 		chainId,
+		eotsPkHex,
 		passphrase,
 		hdPath,
 		description,
diff --git a/finality-provider/cmd/fpd/daemon/init.go b/finality-provider/cmd/fpd/daemon/init.go
index 3ccea218..99bb759a 100644
--- a/finality-provider/cmd/fpd/daemon/init.go
+++ b/finality-provider/cmd/fpd/daemon/init.go
@@ -36,7 +36,7 @@ func runInitCmd(ctx client.Context, cmd *cobra.Command, args []string) error {
 	homePath = util.CleanAndExpandPath(homePath)
 	force, err := cmd.Flags().GetBool(forceFlag)
 	if err != nil {
-		return fmt.Errorf("failed to read flag %s: %w", fpEotsPkFlag, err)
+		return fmt.Errorf("failed to read flag %s: %w", forceFlag, err)
 	}
 
 	if util.FileExists(homePath) && !force {
diff --git a/finality-provider/proto/finality_providers.pb.go b/finality-provider/proto/finality_providers.pb.go
index 7aa726ad..760750c9 100644
--- a/finality-provider/proto/finality_providers.pb.go
+++ b/finality-provider/proto/finality_providers.pb.go
@@ -1,6 +1,6 @@
 // Code generated by protoc-gen-go. DO NOT EDIT.
 // versions:
-// 	protoc-gen-go v1.31.0
+// 	protoc-gen-go v1.33.0
 // 	protoc        (unknown)
 // source: finality_providers.proto
 
@@ -201,6 +201,10 @@ type CreateFinalityProviderRequest struct {
 	Description []byte `protobuf:"bytes,5,opt,name=description,proto3" json:"description,omitempty"`
 	// commission defines the commission rate for the finality provider
 	Commission string `protobuf:"bytes,6,opt,name=commission,proto3" json:"commission,omitempty"`
+	// eots_pk_hex it is the optional EOTS public key and used to ask for
+	// the key record from the EOTS manager for the corresponding EOTS public key.
+	// If this property is not set, it will create a new EOTS key.
+	EotsPkHex string `protobuf:"bytes,7,opt,name=eots_pk_hex,json=eotsPkHex,proto3" json:"eots_pk_hex,omitempty"`
 }
 
 func (x *CreateFinalityProviderRequest) Reset() {
@@ -277,6 +281,13 @@ func (x *CreateFinalityProviderRequest) GetCommission() string {
 	return ""
 }
 
+func (x *CreateFinalityProviderRequest) GetEotsPkHex() string {
+	if x != nil {
+		return x.EotsPkHex
+	}
+	return ""
+}
+
 type CreateFinalityProviderResponse struct {
 	state         protoimpl.MessageState
 	sizeCache     protoimpl.SizeCache
@@ -1299,7 +1310,7 @@ var file_finality_providers_proto_rawDesc = []byte{
 	0x6e, 0x66, 0x6f, 0x52, 0x65, 0x71, 0x75, 0x65, 0x73, 0x74, 0x22, 0x2b, 0x0a, 0x0f, 0x47, 0x65,
 	0x74, 0x49, 0x6e, 0x66, 0x6f, 0x52, 0x65, 0x73, 0x70, 0x6f, 0x6e, 0x73, 0x65, 0x12, 0x18, 0x0a,
 	0x07, 0x76, 0x65, 0x72, 0x73, 0x69, 0x6f, 0x6e, 0x18, 0x01, 0x20, 0x01, 0x28, 0x09, 0x52, 0x07,
-	0x76, 0x65, 0x72, 0x73, 0x69, 0x6f, 0x6e, 0x22, 0xf5, 0x01, 0x0a, 0x1d, 0x43, 0x72, 0x65, 0x61,
+	0x76, 0x65, 0x72, 0x73, 0x69, 0x6f, 0x6e, 0x22, 0x95, 0x02, 0x0a, 0x1d, 0x43, 0x72, 0x65, 0x61,
 	0x74, 0x65, 0x46, 0x69, 0x6e, 0x61, 0x6c, 0x69, 0x74, 0x79, 0x50, 0x72, 0x6f, 0x76, 0x69, 0x64,
 	0x65, 0x72, 0x52, 0x65, 0x71, 0x75, 0x65, 0x73, 0x74, 0x12, 0x19, 0x0a, 0x08, 0x6b, 0x65, 0x79,
 	0x5f, 0x6e, 0x61, 0x6d, 0x65, 0x18, 0x01, 0x20, 0x01, 0x28, 0x09, 0x52, 0x07, 0x6b, 0x65, 0x79,
@@ -1314,7 +1325,9 @@ var file_finality_providers_proto_rawDesc = []byte{
 	0x6d, 0x6d, 0x69, 0x73, 0x73, 0x69, 0x6f, 0x6e, 0x18, 0x06, 0x20, 0x01, 0x28, 0x09, 0x42, 0x23,
 	0xc8, 0xde, 0x1f, 0x00, 0xda, 0xde, 0x1f, 0x1b, 0x63, 0x6f, 0x73, 0x6d, 0x6f, 0x73, 0x73, 0x64,
 	0x6b, 0x2e, 0x69, 0x6f, 0x2f, 0x6d, 0x61, 0x74, 0x68, 0x2e, 0x4c, 0x65, 0x67, 0x61, 0x63, 0x79,
-	0x44, 0x65, 0x63, 0x52, 0x0a, 0x63, 0x6f, 0x6d, 0x6d, 0x69, 0x73, 0x73, 0x69, 0x6f, 0x6e, 0x22,
+	0x44, 0x65, 0x63, 0x52, 0x0a, 0x63, 0x6f, 0x6d, 0x6d, 0x69, 0x73, 0x73, 0x69, 0x6f, 0x6e, 0x12,
+	0x1e, 0x0a, 0x0b, 0x65, 0x6f, 0x74, 0x73, 0x5f, 0x70, 0x6b, 0x5f, 0x68, 0x65, 0x78, 0x18, 0x07,
+	0x20, 0x01, 0x28, 0x09, 0x52, 0x09, 0x65, 0x6f, 0x74, 0x73, 0x50, 0x6b, 0x48, 0x65, 0x78, 0x22,
 	0x6a, 0x0a, 0x1e, 0x43, 0x72, 0x65, 0x61, 0x74, 0x65, 0x46, 0x69, 0x6e, 0x61, 0x6c, 0x69, 0x74,
 	0x79, 0x50, 0x72, 0x6f, 0x76, 0x69, 0x64, 0x65, 0x72, 0x52, 0x65, 0x73, 0x70, 0x6f, 0x6e, 0x73,
 	0x65, 0x12, 0x48, 0x0a, 0x11, 0x66, 0x69, 0x6e, 0x61, 0x6c, 0x69, 0x74, 0x79, 0x5f, 0x70, 0x72,
diff --git a/finality-provider/proto/finality_providers.proto b/finality-provider/proto/finality_providers.proto
index 73082b49..ac4a6a64 100644
--- a/finality-provider/proto/finality_providers.proto
+++ b/finality-provider/proto/finality_providers.proto
@@ -61,6 +61,10 @@ message CreateFinalityProviderRequest {
         (gogoproto.customtype) = "cosmossdk.io/math.LegacyDec",
         (gogoproto.nullable)   = false
     ];
+    // eots_pk_hex it is the optional EOTS public key and used to ask for
+    // the key record from the EOTS manager for the corresponding EOTS public key.
+    // If this property is not set, it will create a new EOTS key.
+    string eots_pk_hex = 7;
 }
 
 message CreateFinalityProviderResponse {
diff --git a/finality-provider/service/app.go b/finality-provider/service/app.go
index d86ccfea..8373b07c 100644
--- a/finality-provider/service/app.go
+++ b/finality-provider/service/app.go
@@ -351,6 +351,7 @@ func (app *FinalityProviderApp) Stop() error {
 
 func (app *FinalityProviderApp) CreateFinalityProvider(
 	keyName, chainID, passPhrase, hdPath string,
+	eotsPk *bbntypes.BIP340PubKey,
 	description *stakingtypes.Description,
 	commission *sdkmath.LegacyDec,
 ) (*CreateFinalityProviderResult, error) {
@@ -360,6 +361,7 @@ func (app *FinalityProviderApp) CreateFinalityProvider(
 		chainID:         chainID,
 		passPhrase:      passPhrase,
 		hdPath:          hdPath,
+		eotsPk:          eotsPk,
 		description:     description,
 		commission:      commission,
 		errResponse:     make(chan error, 1),
@@ -398,14 +400,18 @@ func (app *FinalityProviderApp) handleCreateFinalityProviderRequest(req *createF
 	}
 
 	// 2. create EOTS key
-	fpPkBytes, err := app.eotsManager.CreateKey(req.keyName, req.passPhrase, req.hdPath)
-	if err != nil {
-		return nil, err
-	}
-	fpPk, err := bbntypes.NewBIP340PubKey(fpPkBytes)
-	if err != nil {
-		return nil, err
+	fpPk := req.eotsPk
+	if req.eotsPk == nil {
+		fpPkBytes, err := app.eotsManager.CreateKey(req.keyName, req.passPhrase, req.hdPath)
+		if err != nil {
+			return nil, err
+		}
+		fpPk, err = bbntypes.NewBIP340PubKey(fpPkBytes)
+		if err != nil {
+			return nil, err
+		}
 	}
+
 	fpRecord, err := app.eotsManager.KeyRecord(fpPk.MustMarshal(), req.passPhrase)
 	if err != nil {
 		return nil, fmt.Errorf("failed to get finality-provider record: %w", err)
diff --git a/finality-provider/service/app_test.go b/finality-provider/service/app_test.go
index 38ff9a5c..49bdeb46 100644
--- a/finality-provider/service/app_test.go
+++ b/finality-provider/service/app_test.go
@@ -76,8 +76,24 @@ func FuzzRegisterFinalityProvider(f *testing.F) {
 			require.NoError(t, err)
 		}()
 
+		var eotsPk *bbntypes.BIP340PubKey
+		eotsPk = nil
+		generateEotsKeyBefore := r.Int31n(10) > 5
+		if generateEotsKeyBefore {
+			// sometimes uses the previously generated EOTS pk
+			eotsKeyName := testutil.GenRandomHexStr(r, 4)
+			eotsPkBz, err := em.CreateKey(eotsKeyName, passphrase, hdPath)
+			require.NoError(t, err)
+			eotsPk, err = bbntypes.NewBIP340PubKey(eotsPkBz)
+			require.NoError(t, err)
+		}
+
 		// create a finality-provider object and save it to db
-		fp := testutil.GenStoredFinalityProvider(r, t, app, passphrase, hdPath)
+		fp := testutil.GenStoredFinalityProvider(r, t, app, passphrase, hdPath, eotsPk)
+		if generateEotsKeyBefore {
+			require.Equal(t, eotsPk, bbntypes.NewBIP340PubKeyFromBTCPK(fp.BtcPk))
+		}
+
 		btcSig := new(bbntypes.BIP340Signature)
 		err = btcSig.Unmarshal(fp.Pop.BtcSig)
 		require.NoError(t, err)
diff --git a/finality-provider/service/client/rpcclient.go b/finality-provider/service/client/rpcclient.go
index eda110c0..21bdc39f 100644
--- a/finality-provider/service/client/rpcclient.go
+++ b/finality-provider/service/client/rpcclient.go
@@ -60,7 +60,7 @@ func (c *FinalityProviderServiceGRpcClient) RegisterFinalityProvider(
 
 func (c *FinalityProviderServiceGRpcClient) CreateFinalityProvider(
 	ctx context.Context,
-	keyName, chainID, passphrase, hdPath string,
+	keyName, chainID, eotsPkHex, passphrase, hdPath string,
 	description types.Description,
 	commission *sdkmath.LegacyDec,
 ) (*proto.CreateFinalityProviderResponse, error) {
@@ -77,6 +77,7 @@ func (c *FinalityProviderServiceGRpcClient) CreateFinalityProvider(
 		HdPath:      hdPath,
 		Description: descBytes,
 		Commission:  commission.String(),
+		EotsPkHex:   eotsPkHex,
 	}
 
 	res, err := c.client.CreateFinalityProvider(ctx, req)
diff --git a/finality-provider/service/fp_instance_test.go b/finality-provider/service/fp_instance_test.go
index 84437e77..75cb57b7 100644
--- a/finality-provider/service/fp_instance_test.go
+++ b/finality-provider/service/fp_instance_test.go
@@ -124,7 +124,7 @@ func startFinalityProviderAppWithRegisteredFp(t *testing.T, r *rand.Rand, cc cli
 	require.NoError(t, err)
 
 	// create registered finality-provider
-	fp := testutil.GenStoredFinalityProvider(r, t, app, passphrase, hdPath)
+	fp := testutil.GenStoredFinalityProvider(r, t, app, passphrase, hdPath, nil)
 	pubRandProofStore := app.GetPubRandProofStore()
 	fpStore := app.GetFinalityProviderStore()
 	err = fpStore.SetFpStatus(fp.BtcPk, proto.FinalityProviderStatus_REGISTERED)
diff --git a/finality-provider/service/fp_store_adapter.go b/finality-provider/service/fp_store_adapter.go
index e5dc7bd0..356475f5 100644
--- a/finality-provider/service/fp_store_adapter.go
+++ b/finality-provider/service/fp_store_adapter.go
@@ -24,6 +24,7 @@ type createFinalityProviderRequest struct {
 	passPhrase      string
 	hdPath          string
 	chainID         string
+	eotsPk          *bbntypes.BIP340PubKey
 	description     *stakingtypes.Description
 	commission      *sdkmath.LegacyDec
 	errResponse     chan error
diff --git a/finality-provider/service/rpcserver.go b/finality-provider/service/rpcserver.go
index f1196f27..b792491d 100644
--- a/finality-provider/service/rpcserver.go
+++ b/finality-provider/service/rpcserver.go
@@ -81,9 +81,10 @@ func (r *rpcServer) GetInfo(context.Context, *proto.GetInfoRequest) (*proto.GetI
 }
 
 // CreateFinalityProvider generates a finality-provider object and saves it in the database
-func (r *rpcServer) CreateFinalityProvider(ctx context.Context, req *proto.CreateFinalityProviderRequest) (
-	*proto.CreateFinalityProviderResponse, error) {
-
+func (r *rpcServer) CreateFinalityProvider(
+	ctx context.Context,
+	req *proto.CreateFinalityProviderRequest,
+) (*proto.CreateFinalityProviderResponse, error) {
 	commissionRate, err := math.LegacyNewDecFromStr(req.Commission)
 	if err != nil {
 		return nil, err
@@ -94,11 +95,17 @@ func (r *rpcServer) CreateFinalityProvider(ctx context.Context, req *proto.Creat
 		return nil, err
 	}
 
+	eotsPk, err := parseOptEotsPk(req.EotsPkHex)
+	if err != nil {
+		return nil, err
+	}
+
 	result, err := r.app.CreateFinalityProvider(
 		req.KeyName,
 		req.ChainId,
 		req.Passphrase,
 		req.HdPath,
+		eotsPk,
 		&description,
 		&commissionRate,
 	)
@@ -218,3 +225,10 @@ func (r *rpcServer) SignMessageFromChainKey(ctx context.Context, req *proto.Sign
 
 	return &proto.SignMessageFromChainKeyResponse{Signature: signature}, nil
 }
+
+func parseOptEotsPk(eotsPkHex string) (*bbntypes.BIP340PubKey, error) {
+	if len(eotsPkHex) > 0 {
+		return bbntypes.NewBIP340PubKeyFromHex(eotsPkHex)
+	}
+	return nil, nil
+}
diff --git a/itest/test_manager.go b/itest/test_manager.go
index 9aff6817..4a55469b 100644
--- a/itest/test_manager.go
+++ b/itest/test_manager.go
@@ -187,7 +187,7 @@ func StartManagerWithFinalityProvider(t *testing.T, n int) (*TestManager, []*ser
 		err = tm.BabylonHandler.BabylonNode.TxBankSend(fpBbnKeyInfo.AccAddress.String(), "1000000ubbn")
 		require.NoError(t, err)
 
-		res, err := app.CreateFinalityProvider(fpName, chainID, passphrase, hdPath, desc, &commission)
+		res, err := app.CreateFinalityProvider(fpName, chainID, passphrase, hdPath, nil, desc, &commission)
 		require.NoError(t, err)
 		fpPk, err := bbntypes.NewBIP340PubKeyFromHex(res.FpInfo.BtcPkHex)
 		require.NoError(t, err)
diff --git a/testutil/datagen.go b/testutil/datagen.go
index d9d5264f..4af9a291 100644
--- a/testutil/datagen.go
+++ b/testutil/datagen.go
@@ -16,6 +16,7 @@ import (
 	sdkmath "cosmossdk.io/math"
 	"github.com/babylonlabs-io/babylon/testutil/datagen"
 	bbn "github.com/babylonlabs-io/babylon/types"
+	bbntypes "github.com/babylonlabs-io/babylon/types"
 	bstypes "github.com/babylonlabs-io/babylon/x/btcstaking/types"
 	"github.com/btcsuite/btcd/chaincfg"
 	"github.com/cosmos/cosmos-sdk/client"
@@ -104,7 +105,7 @@ func GenBlocks(r *rand.Rand, startHeight, endHeight uint64) []*types.BlockInfo {
 }
 
 // GenStoredFinalityProvider generates a random finality-provider from the keyring and store it in DB
-func GenStoredFinalityProvider(r *rand.Rand, t *testing.T, app *service.FinalityProviderApp, passphrase, hdPath string) *store.StoredFinalityProvider {
+func GenStoredFinalityProvider(r *rand.Rand, t *testing.T, app *service.FinalityProviderApp, passphrase, hdPath string, eotsPk *bbntypes.BIP340PubKey) *store.StoredFinalityProvider {
 	// generate keyring
 	keyName := GenRandomHexStr(r, 4)
 	chainID := GenRandomHexStr(r, 4)
@@ -113,7 +114,7 @@ func GenStoredFinalityProvider(r *rand.Rand, t *testing.T, app *service.Finality
 	_, err := service.CreateChainKey(cfg.BabylonConfig.KeyDirectory, cfg.BabylonConfig.ChainID, keyName, keyring.BackendTest, passphrase, hdPath, "")
 	require.NoError(t, err)
 
-	res, err := app.CreateFinalityProvider(keyName, chainID, passphrase, hdPath, RandomDescription(r), ZeroCommissionRate())
+	res, err := app.CreateFinalityProvider(keyName, chainID, passphrase, hdPath, eotsPk, RandomDescription(r), ZeroCommissionRate())
 	require.NoError(t, err)
 
 	btcPk, err := bbn.NewBIP340PubKeyFromHex(res.FpInfo.BtcPkHex)