diff --git a/Cargo.lock b/Cargo.lock
index 98dca2e4b7814..f0603e177b8d4 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -15306,6 +15306,7 @@ dependencies = [
  "serde_json",
  "sui-config",
  "sui-core",
+ "sui-indexer-alt-framework",
  "sui-protocol-config",
  "sui-storage",
  "sui-types",
diff --git a/crates/sui-snapshot/Cargo.toml b/crates/sui-snapshot/Cargo.toml
index cdc3db01304bc..f223db60dd5a0 100644
--- a/crates/sui-snapshot/Cargo.toml
+++ b/crates/sui-snapshot/Cargo.toml
@@ -25,6 +25,7 @@ prometheus.workspace = true
 sui-types.workspace = true
 sui-config.workspace = true
 sui-core.workspace = true
+sui-indexer-alt-framework.workspace = true
 sui-storage.workspace = true
 sui-protocol-config.workspace = true
 fastcrypto = { workspace = true, features = ["copy_key"] }
diff --git a/crates/sui-snapshot/src/reader.rs b/crates/sui-snapshot/src/reader.rs
index befe6a857a42d..b22abf56a2acf 100644
--- a/crates/sui-snapshot/src/reader.rs
+++ b/crates/sui-snapshot/src/reader.rs
@@ -26,6 +26,7 @@ use std::sync::Arc;
 use sui_config::object_storage_config::ObjectStoreConfig;
 use sui_core::authority::authority_store_tables::{AuthorityPerpetualTables, LiveObject};
 use sui_core::authority::AuthorityStore;
+use sui_indexer_alt_framework::task::TrySpawnStreamExt;
 use sui_storage::blob::{Blob, BlobEncoding};
 use sui_storage::object_store::http::HttpDownloaderBuilder;
 use sui_storage::object_store::util::{copy_file, copy_files, path_to_filesystem};
@@ -41,6 +42,7 @@ use tracing::{error, info};
 pub type SnapshotChecksums = (DigestByBucketAndPartition, Accumulator);
 pub type DigestByBucketAndPartition = BTreeMap<u32, BTreeMap<u32, [u8; 32]>>;
 pub type Sha3DigestType = Arc<Mutex<BTreeMap<u32, BTreeMap<u32, [u8; 32]>>>>;
+#[derive(Clone)]
 pub struct StateSnapshotReaderV1 {
     epoch: u64,
     local_staging_dir_root: PathBuf,
@@ -235,33 +237,54 @@ impl StateSnapshotReaderV1 {
             ),
         );
 
-        for (bucket, part_files) in self.ref_files.clone().iter() {
-            for (part, _part_file) in part_files.iter() {
-                let mut sha3_digests = sha3_digests.lock().await;
-                let ref_iter = self.ref_iter(*bucket, *part)?;
-                let mut hasher = Sha3_256::default();
-                let mut empty = true;
-                self.object_files
-                    .get(bucket)
-                    .context(format!("No bucket exists for: {bucket}"))?
-                    .get(part)
-                    .context(format!("No part exists for bucket: {bucket}, part: {part}"))?;
-                for object_ref in ref_iter {
-                    hasher.update(object_ref.2.inner());
-                    empty = false;
-                }
-                if !empty {
-                    sha3_digests
-                        .entry(*bucket)
-                        .or_insert(BTreeMap::new())
-                        .entry(*part)
-                        .or_insert(hasher.finalize().digest);
+        let ref_files_iter = self.ref_files.clone().into_iter();
+        futures::stream::iter(ref_files_iter)
+            .flat_map(|(bucket, part_files)| {
+                futures::stream::iter(
+                    part_files
+                        .into_iter()
+                        .map(move |(part, part_file)| (bucket, part, part_file)),
+                )
+            })
+            .try_for_each_spawned(self.concurrency, |(bucket, part, _part_file)| {
+                let sha3_digests = sha3_digests.clone();
+                let object_files = self.object_files.clone();
+                let bar = checksum_progress_bar.clone();
+                let this = self.clone();
+
+                async move {
+                    let ref_iter = this.ref_iter(bucket, part)?;
+                    let mut hasher = Sha3_256::default();
+                    let mut empty = true;
+
+                    object_files
+                        .get(&bucket)
+                        .context(format!("No bucket exists for: {bucket}"))?
+                        .get(&part)
+                        .context(format!("No part exists for bucket: {bucket}, part: {part}"))?;
+
+                    for object_ref in ref_iter {
+                        hasher.update(object_ref.2.inner());
+                        empty = false;
+                    }
+
+                    if !empty {
+                        let mut digests = sha3_digests.lock().await;
+                        digests
+                            .entry(bucket)
+                            .or_insert(BTreeMap::new())
+                            .entry(part)
+                            .or_insert(hasher.finalize().digest);
+                    }
+
+                    bar.inc(1);
+                    bar.set_message(format!("Bucket: {}, Part: {}", bucket, part));
+                    Ok::<(), anyhow::Error>(())
                 }
-                checksum_progress_bar.inc(1);
-                checksum_progress_bar.set_message(format!("Bucket: {}, Part: {}", bucket, part));
-            }
-        }
+            })
+            .await?;
         checksum_progress_bar.finish_with_message("Checksumming complete");
+        info!("Checksumming complete");
         Ok((sha3_digests, num_part_files))
     }