diff --git a/Cargo.lock b/Cargo.lock
index 0200d46..8c4a396 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4336,6 +4336,7 @@ dependencies = [
  "common",
  "elliptic-curve",
  "env_logger",
+ "hex",
  "k256",
  "log",
  "mempool",
diff --git a/sequencer_core/Cargo.toml b/sequencer_core/Cargo.toml
index 06df7c5..14c047c 100644
--- a/sequencer_core/Cargo.toml
+++ b/sequencer_core/Cargo.toml
@@ -4,6 +4,7 @@ version = "0.1.0"
 edition = "2021"
 
 [dependencies]
+hex.workspace = true
 anyhow.workspace = true
 serde_json.workspace = true
 env_logger.workspace = true
diff --git a/sequencer_core/src/config.rs b/sequencer_core/src/config.rs
index 53b18a9..707b8b9 100644
--- a/sequencer_core/src/config.rs
+++ b/sequencer_core/src/config.rs
@@ -1,6 +1,12 @@
+use serde::{Deserialize, Serialize};
 use std::path::PathBuf;
 
-use serde::{Deserialize, Serialize};
+#[derive(Debug, Serialize, Deserialize, Clone)]
+pub struct AccountInitialData {
+    ///Hex encoded AccountAddress
+    pub addr: String,
+    pub balance: u64,
+}
 
 #[derive(Debug, Clone, Serialize, Deserialize)]
 pub struct SequencerConfig {
@@ -18,4 +24,6 @@ pub struct SequencerConfig {
     pub block_create_timeout_millis: u64,
     ///Port to listen
     pub port: u16,
+    ///List of pairs (account_address, initial_balance)
+    pub initial_accounts: Vec<AccountInitialData>,
 }
diff --git a/sequencer_core/src/lib.rs b/sequencer_core/src/lib.rs
index 1ed603b..2ebff42 100644
--- a/sequencer_core/src/lib.rs
+++ b/sequencer_core/src/lib.rs
@@ -53,6 +53,7 @@ impl SequencerCore {
                 &config.home,
                 config.genesis_id,
                 config.is_genesis_random,
+                &config.initial_accounts,
             ),
             mempool: MemPool::<TransactionMempool>::default(),
             chain_height: config.genesis_id,
@@ -252,6 +253,8 @@ impl SequencerCore {
 
 #[cfg(test)]
 mod tests {
+    use crate::config::AccountInitialData;
+
     use super::*;
     use std::path::PathBuf;
 
@@ -274,6 +277,18 @@ mod tests {
             max_num_tx_in_block: 10,
             block_create_timeout_millis: 1000,
             port: 8080,
+            initial_accounts: vec![
+                AccountInitialData {
+                    addr: "bfd91e6703273a115ad7f099ef32f621243be69369d00ddef5d3a25117d09a8c"
+                        .to_string(),
+                    balance: 10,
+                },
+                AccountInitialData {
+                    addr: "20573479053979b98d2ad09ef31a0750f22c77709bed51c4e64946bd1e376f31"
+                        .to_string(),
+                    balance: 100,
+                },
+            ],
         }
     }
 
@@ -322,6 +337,39 @@ mod tests {
         assert_eq!(sequencer.chain_height, config.genesis_id);
         assert_eq!(sequencer.sequencer_config.max_num_tx_in_block, 10);
         assert_eq!(sequencer.sequencer_config.port, 8080);
+
+        let acc1_addr: [u8; 32] = hex::decode(
+            "bfd91e6703273a115ad7f099ef32f621243be69369d00ddef5d3a25117d09a8c".to_string(),
+        )
+        .unwrap()
+        .try_into()
+        .unwrap();
+        let acc2_addr: [u8; 32] = hex::decode(
+            "20573479053979b98d2ad09ef31a0750f22c77709bed51c4e64946bd1e376f31".to_string(),
+        )
+        .unwrap()
+        .try_into()
+        .unwrap();
+
+        assert!(sequencer.store.acc_store.contains_account(&acc1_addr));
+        assert!(sequencer.store.acc_store.contains_account(&acc2_addr));
+
+        assert_eq!(
+            10,
+            sequencer
+                .store
+                .acc_store
+                .get_account_balance(&acc1_addr)
+                .unwrap()
+        );
+        assert_eq!(
+            100,
+            sequencer
+                .store
+                .acc_store
+                .get_account_balance(&acc2_addr)
+                .unwrap()
+        );
     }
 
     #[test]
diff --git a/sequencer_core/src/sequencer_store/mod.rs b/sequencer_core/src/sequencer_store/mod.rs
index 322c99d..daffc91 100644
--- a/sequencer_core/src/sequencer_store/mod.rs
+++ b/sequencer_core/src/sequencer_store/mod.rs
@@ -9,6 +9,8 @@ use common::{
 };
 use rand::{rngs::OsRng, RngCore};
 
+use crate::config::AccountInitialData;
+
 pub mod accounts_store;
 pub mod block_store;
 
@@ -21,8 +23,28 @@ pub struct SequecerChainStore {
 }
 
 impl SequecerChainStore {
-    pub fn new_with_genesis(home_dir: &Path, genesis_id: u64, is_genesis_random: bool) -> Self {
-        let acc_store = SequencerAccountsStore::default();
+    pub fn new_with_genesis(
+        home_dir: &Path,
+        genesis_id: u64,
+        is_genesis_random: bool,
+        initial_accounts: &[AccountInitialData],
+    ) -> Self {
+        let acc_data_decoded: Vec<([u8; 32], u64)> = initial_accounts
+            .iter()
+            .map(|acc_data| {
+                (
+                    //ToDo: Handle this error for direct error message
+                    //Failure to produce account address is critical, so error handling is needed only for clarity
+                    hex::decode(acc_data.addr.clone())
+                        .unwrap()
+                        .try_into()
+                        .unwrap(),
+                    acc_data.balance,
+                )
+            })
+            .collect();
+
+        let acc_store = SequencerAccountsStore::new(&acc_data_decoded);
         let nullifier_store = HashSet::new();
         let utxo_commitments_store = UTXOCommitmentsMerkleTree::new(vec![]);
         let pub_tx_store = PublicTransactionMerkleTree::new(vec![]);
diff --git a/sequencer_runner/configs/debug/sequencer_config.json b/sequencer_runner/configs/debug/sequencer_config.json
index 5eccadd..18d1b72 100644
--- a/sequencer_runner/configs/debug/sequencer_config.json
+++ b/sequencer_runner/configs/debug/sequencer_config.json
@@ -5,5 +5,15 @@
     "is_genesis_random": true,
     "max_num_tx_in_block": 20,
     "block_create_timeout_millis": 10000,
-    "port": 3040
+    "port": 3040,
+    "initial_accounts": [
+        {
+            "addr": "bfd91e6703273a115ad7f099ef32f621243be69369d00ddef5d3a25117d09a8c",
+            "balance": 10
+        },
+        {
+            "addr": "20573479053979b98d2ad09ef31a0750f22c77709bed51c4e64946bd1e376f31",
+            "balance": 100
+        }
+    ]
 }
\ No newline at end of file