diff --git a/packages/next/build/webpack/loaders/next-middleware-wasm-loader.ts b/packages/next/build/webpack/loaders/next-middleware-wasm-loader.ts
index 5b1842c85203..08ad8c8727c6 100644
--- a/packages/next/build/webpack/loaders/next-middleware-wasm-loader.ts
+++ b/packages/next/build/webpack/loaders/next-middleware-wasm-loader.ts
@@ -10,20 +10,18 @@ const MiddlewareWasmLoader: webpack.loader.Loader = function (
   source,
   _sourceMap
 ) {
-  const cb = this.async()
-  if (!cb) throw new Error('async() must be used with wasm-loader')
-
   const name = `wasm_${sha1(source)}`
   const file = `middleware-chunks/${name}.wasm`
   const binding: WasmBinding = { file, name }
   this._module.buildInfo.nextWasmMiddlewareBinding = binding
-  this.emitFile(`/${file}`, source, undefined)
-
-  cb(null, `module.exports = globalThis[${JSON.stringify(name)}];`)
+  this.emitFile(`/${file}`, source, null)
+  return `module.exports = globalThis[${JSON.stringify(name)}];`
 }
 
+export const raw = true
+
+export default MiddlewareWasmLoader
+
 function sha1(source: string | Buffer) {
   return crypto.createHash('sha1').update(source).digest('hex')
 }
-
-export default MiddlewareWasmLoader
diff --git a/packages/next/server/next-server.ts b/packages/next/server/next-server.ts
index a19c4477d793..2a6d89fe6810 100644
--- a/packages/next/server/next-server.ts
+++ b/packages/next/server/next-server.ts
@@ -1262,6 +1262,7 @@ export default class NextNodeServer extends BaseServer {
           name: middlewareInfo.name,
           paths: middlewareInfo.paths,
           env: middlewareInfo.env,
+          wasmBindings: middlewareInfo.wasmBindings,
           request: {
             headers: params.request.headers,
             method,
@@ -1347,3 +1348,13 @@ export default class NextNodeServer extends BaseServer {
     }
   }
 }
+
+function loadWasmBindings(
+  wasmBindings: { file: string; name: string }[]
+): Record<string, WebAssembly.Module> {
+  const wasmBindingsMap: Record<string, WebAssembly.Module> = {}
+  for (const { file, name } of wasmBindings) {
+    wasmBindingsMap[name] = WebAssembly.compile(fs.readFileSync(file))
+  }
+  return wasmBindingsMap
+}
diff --git a/packages/next/server/require.ts b/packages/next/server/require.ts
index 9c34b8538300..1e1293c69e50 100644
--- a/packages/next/server/require.ts
+++ b/packages/next/server/require.ts
@@ -85,7 +85,12 @@ export function getMiddlewareInfo(params: {
   distDir: string
   page: string
   serverless: boolean
-}): { name: string; paths: string[]; env: string[] } {
+}): {
+  name: string
+  paths: string[]
+  env: string[]
+  wasmBindings: { file: string; name: string }[]
+} {
   const serverBuildPath = join(
     params.distDir,
     params.serverless && !params.dev ? SERVERLESS_DIRECTORY : SERVER_DIRECTORY
@@ -113,5 +118,9 @@ export function getMiddlewareInfo(params: {
     name: pageInfo.name,
     paths: pageInfo.files.map((file) => join(params.distDir, file)),
     env: pageInfo.env ?? [],
+    wasmBindings: (pageInfo.wasmBindings ?? []).map((binding) => ({
+      ...binding,
+      file: join(params.distDir, binding.file),
+    })),
   }
 }
diff --git a/packages/next/server/web/sandbox/context.ts b/packages/next/server/web/sandbox/context.ts
index 42f480bb6a31..02c5e9e102bd 100644
--- a/packages/next/server/web/sandbox/context.ts
+++ b/packages/next/server/web/sandbox/context.ts
@@ -52,18 +52,19 @@ const caches = new Map<
  * run in within the context. It may or may not use a cache depending on
  * the parameters.
  */
-export function getModuleContext(options: {
+export async function getModuleContext(options: {
   module: string
   onWarning: (warn: Error) => void
   useCache: boolean
   env: string[]
+  wasmBindings: WasmBinding[]
 }) {
   let moduleCache = options.useCache
     ? caches.get(options.module)
-    : createModuleContext(options)
+    : await createModuleContext(options)
 
   if (!moduleCache) {
-    moduleCache = createModuleContext(options)
+    moduleCache = await createModuleContext(options)
     caches.set(options.module, moduleCache)
   }
 
@@ -95,10 +96,11 @@ export function getModuleContext(options: {
  * 2. Dependencies that require runtime globals such as Blob.
  * 3. Dependencies that are scoped for the provided parameters.
  */
-function createModuleContext(options: {
+async function createModuleContext(options: {
   onWarning: (warn: Error) => void
   module: string
   env: string[]
+  wasmBindings: WasmBinding[]
 }) {
   const requireCache = new Map([
     [require.resolve('next/dist/compiled/cookie'), { exports: cookie }],
@@ -166,6 +168,8 @@ function createModuleContext(options: {
     return fetch(String(input), init)
   }
 
+  Object.assign(context, await loadWasmBindings(options.wasmBindings))
+
   return moduleCache
 }
 
@@ -260,3 +264,16 @@ function buildEnvironmentVariablesFrom(
   const pairs = keys.map((key) => [key, process.env[key]])
   return Object.fromEntries(pairs)
 }
+
+async function loadWasmBindings(
+  wasmBindings: WasmBinding[]
+): Promise<Record<string, WebAssembly.Module>> {
+  const modules: Record<string, WebAssembly.Module> = {}
+  for (const binding of wasmBindings) {
+    const module = await WebAssembly.compile(readFileSync(binding.file))
+    modules[binding.name] = module
+  }
+  return modules
+}
+
+export type WasmBinding = { file: string; name: string }
diff --git a/packages/next/server/web/sandbox/sandbox.ts b/packages/next/server/web/sandbox/sandbox.ts
index 576e8be7580c..4a039a8f4550 100644
--- a/packages/next/server/web/sandbox/sandbox.ts
+++ b/packages/next/server/web/sandbox/sandbox.ts
@@ -1,5 +1,5 @@
 import type { RequestData, FetchEventResult } from '../types'
-import { getModuleContext } from './context'
+import { getModuleContext, WasmBinding } from './context'
 
 export async function run(params: {
   name: string
@@ -8,12 +8,14 @@ export async function run(params: {
   paths: string[]
   request: RequestData
   useCache: boolean
+  wasmBindings: WasmBinding[]
 }): Promise<FetchEventResult> {
-  const { runInContext, context } = getModuleContext({
+  const { runInContext, context } = await getModuleContext({
     module: params.name,
     onWarning: params.onWarning,
     useCache: params.useCache !== false,
     env: params.env,
+    wasmBindings: params.wasmBindings,
   })
 
   for (const paramPath of params.paths) {