diff --git a/cmd/fetchd/cmd/gen_asi_upgrade_manifest.go b/cmd/fetchd/cmd/gen_asi_upgrade_manifest.go
new file mode 100644
index 00000000..6527c083
--- /dev/null
+++ b/cmd/fetchd/cmd/gen_asi_upgrade_manifest.go
@@ -0,0 +1,48 @@
+package cmd
+
+import (
+	"encoding/json"
+	"fmt"
+	"github.com/cosmos/cosmos-sdk/types"
+	config2 "github.com/tendermint/tendermint/config"
+	"os"
+	"path"
+)
+
+type ASIUpgradeTransfer struct {
+	From   string      `json:"from"`
+	Amount types.Coins `json:"amount"`
+}
+
+type ASIUpgradeTransfers struct {
+	Transfer []ASIUpgradeTransfer `json:"transfer"`
+	To       string               `json:"to"`
+}
+
+type ASIUpgradeManifest struct {
+	IBC            *ASIUpgradeTransfers `json:"ibc,omitempty"`
+	Reconciliation *ASIUpgradeTransfers `json:"reconciliation,omitempty"`
+}
+
+func SaveASIManifest(manifest *ASIUpgradeManifest, config *config2.Config) error {
+	var serialisedManifest []byte
+	var err error
+	if serialisedManifest, err = json.MarshalIndent(manifest, "", "\t"); err != nil {
+		return fmt.Errorf("failed to marshal manifest: %w", err)
+	}
+
+	var f *os.File
+	const manifestFilename = "asi_upgrade_manifest.json"
+	genesisFilePath := config.GenesisFile()
+	manifestFilePath := path.Join(path.Dir(genesisFilePath), manifestFilename)
+	if f, err = os.Create(manifestFilePath); err != nil {
+		return fmt.Errorf("failed to create file \"%s\": %w", manifestFilePath, err)
+	}
+	defer f.Close()
+
+	if _, err = f.Write(serialisedManifest); err != nil {
+		return fmt.Errorf("failed to write manifest to the \"%s\" file : %w", manifestFilePath, err)
+	}
+
+	return nil
+}
diff --git a/cmd/fetchd/cmd/genasiupgrade.go b/cmd/fetchd/cmd/genasiupgrade.go
index 41744b2d..fbfd6f53 100644
--- a/cmd/fetchd/cmd/genasiupgrade.go
+++ b/cmd/fetchd/cmd/genasiupgrade.go
@@ -125,14 +125,16 @@ func ASIGenesisUpgradeCmd(defaultNodeHome string) *cobra.Command {
 				ASIGenesisUpgradeReplaceBridgeAdmin(jsonData, networkConfig)
 			}
 
+			manifest := ASIUpgradeManifest{}
+
 			// withdraw balances from IBC channels
-			if err = ASIGenesisUpgradeWithdrawIBCChannelsBalances(jsonData, networkConfig); err != nil {
+			if err = ASIGenesisUpgradeWithdrawIBCChannelsBalances(jsonData, networkConfig, &manifest); err != nil {
 				return err
 			}
 
 			// withdraw balances from reconciliation addresses
 			if networkConfig.ReconciliationTargetAddr != nil {
-				if err = ASIGenesisUpgradeWithdrawReconciliationBalances(jsonData, networkConfig); err != nil {
+				if err = ASIGenesisUpgradeWithdrawReconciliationBalances(jsonData, networkConfig, &manifest); err != nil {
 					return err
 				}
 			}
@@ -146,6 +148,10 @@ func ASIGenesisUpgradeCmd(defaultNodeHome string) *cobra.Command {
 			// replace addresses across the genesis file
 			ASIGenesisUpgradeReplaceAddresses(jsonData, networkConfig)
 
+			if err = SaveASIManifest(&manifest, config); err != nil {
+				return err
+			}
+
 			var encodedAppState []byte
 			if encodedAppState, err = json.Marshal(jsonData); err != nil {
 				return err
@@ -287,12 +293,16 @@ func replaceAddresses(addressTypePrefix string, jsonData map[string]interface{},
 	})
 }
 
-func ASIGenesisUpgradeWithdrawIBCChannelsBalances(jsonData map[string]interface{}, networkInfo NetworkConfig) error {
+func ASIGenesisUpgradeWithdrawIBCChannelsBalances(jsonData map[string]interface{}, networkInfo NetworkConfig, manifest *ASIUpgradeManifest) error {
 	bank := jsonData[banktypes.ModuleName].(map[string]interface{})
 	balances := bank["balances"].([]interface{})
 	balanceMap := getGenesisBalancesMap(balances)
 	ibcWithdrawalAddress := networkInfo.IbcTargetAddr
 
+	manifest.IBC = &ASIUpgradeTransfers{
+		Transfer: []ASIUpgradeTransfer{},
+		To:       ibcWithdrawAddress,
+	}
 	withdrawalBalanceIdx, ok := (*balanceMap)[ibcWithdrawalAddress]
 	if !ok {
 		fmt.Println("failed to find Ibc withdrawal address in genesis balances - have addresses already been converted?")
@@ -322,6 +332,8 @@ func ASIGenesisUpgradeWithdrawIBCChannelsBalances(jsonData map[string]interface{
 		channelBalanceCoins := getCoinsFromInterfaceSlice(balances[balanceIdx])
 		withdrawalBalanceCoins := getCoinsFromInterfaceSlice(balances[withdrawalBalanceIdx])
 
+		manifest.IBC.Transfer = append(manifest.IBC.Transfer, ASIUpgradeTransfer{From: channelAddr, Amount: channelBalanceCoins})
+
 		// add channel balance to withdrawal balance
 		newWithdrawalBalanceCoins := withdrawalBalanceCoins.Add(channelBalanceCoins...)
 		balances[withdrawalBalanceIdx].(map[string]interface{})["coins"] = getInterfaceSliceFromCoins(newWithdrawalBalanceCoins)
@@ -358,7 +370,7 @@ func getGenesisAccountSequenceMap(accounts []interface{}) *map[string]int {
 	return &accountMap
 }
 
-func ASIGenesisUpgradeWithdrawReconciliationBalances(jsonData map[string]interface{}, networkInfo NetworkConfig) error {
+func ASIGenesisUpgradeWithdrawReconciliationBalances(jsonData map[string]interface{}, networkInfo NetworkConfig, manifest *ASIUpgradeManifest) error {
 	bank := jsonData[banktypes.ModuleName].(map[string]interface{})
 	balances := bank["balances"].([]interface{})
 	reconciliationWithdrawAddress := networkInfo.ReconciliationTargetAddr
@@ -381,6 +393,11 @@ func ASIGenesisUpgradeWithdrawReconciliationBalances(jsonData map[string]interfa
 		return fmt.Errorf("no match in genesis for reconciliation address: %s", *reconciliationWithdrawAddress)
 	}
 
+	manifest.Reconciliation = &ASIUpgradeTransfers{
+		Transfer: []ASIUpgradeTransfer{},
+		To:       ReconciliationWithdrawAddress,
+	}
+
 	for _, row := range items {
 		addr := row[2]
 
@@ -411,6 +428,8 @@ func ASIGenesisUpgradeWithdrawReconciliationBalances(jsonData map[string]interfa
 		newReconciliationBalanceCoins := reconciliationBalanceCoins.Add(accBalanceCoins...)
 		reconciliationBalance.(map[string]interface{})["coins"] = getInterfaceSliceFromCoins(newReconciliationBalanceCoins)
 
+		manifest.Reconciliation.Transfer = append(manifest.Reconciliation.Transfer, ASIUpgradeTransfer{From: addr, Amount: accBalanceCoins})
+
 		// zero out the reconciliation account balance
 		balances[balanceIdx].(map[string]interface{})["coins"] = []interface{}{}
 	}