diff --git a/nym-api/src/coconut/dkg/controller.rs b/nym-api/src/coconut/dkg/controller.rs
index 87176f6189..e0fa545796 100644
--- a/nym-api/src/coconut/dkg/controller.rs
+++ b/nym-api/src/coconut/dkg/controller.rs
@@ -57,14 +57,14 @@ impl<R: RngCore + CryptoRng + Clone> DkgController<R> {
             &config.storage_paths.decryption_key_path,
             &config.storage_paths.public_key_with_proof_path,
         ))?;
-        if let Ok(coconut_keypair_value) =
-            nym_pemstore::load_keypair(&nym_pemstore::KeyPairPath::new(
-                &config.storage_paths.secret_key_path,
-                &config.storage_paths.verification_key_path,
-            ))
-        {
-            coconut_keypair.set(Some(coconut_keypair_value)).await;
-        }
+        // if let Ok(coconut_keypair_value) =
+        //     nym_pemstore::load_keypair(&nym_pemstore::KeyPairPath::new(
+        //         &config.storage_paths.secret_key_path,
+        //         &config.storage_paths.verification_key_path,
+        //     ))
+        // {
+        //     coconut_keypair.set(Some(coconut_keypair_value)).await;
+        // }
         let persistent_state =
             PersistentState::load_from_file(&config.storage_paths.dkg_persistent_state_path)
                 .unwrap_or_default();
diff --git a/nym-api/src/main.rs b/nym-api/src/main.rs
index 20982ef087..9401f3e5d3 100644
--- a/nym-api/src/main.rs
+++ b/nym-api/src/main.rs
@@ -80,6 +80,14 @@ async fn start_nym_api_tasks(
     let network_details = NetworkDetails::new(connected_nyxd.to_string(), nym_network_details);
 
     let coconut_keypair = coconut::keypair::KeyPair::new();
+    let keys = nym_pemstore::load_keypair(&nym_pemstore::KeyPairPath::new(
+        &config.coconut_signer.storage_paths.secret_key_path,
+        &config.coconut_signer.storage_paths.verification_key_path,
+    ))
+    .expect("failed to load coconut keys");
+
+    coconut_keypair.set(Some(keys)).await;
+    info!("set coconut keys");
 
     // let's build our rocket!
     let rocket = http::setup_rocket(