diff --git a/node.gyp b/node.gyp
index 7971fad478f5e5..48b2acf0e1d559 100644
--- a/node.gyp
+++ b/node.gyp
@@ -512,6 +512,7 @@
         'src/node_process_events.cc',
         'src/node_process_methods.cc',
         'src/node_process_object.cc',
+        'src/node_realm.cc',
         'src/node_report.cc',
         'src/node_report_module.cc',
         'src/node_report_utils.cc',
@@ -570,6 +571,7 @@
         'src/connection_wrap.h',
         'src/debug_utils.h',
         'src/debug_utils-inl.h',
+        'src/env_properties.h',
         'src/env.h',
         'src/env-inl.h',
         'src/handle_wrap.h',
@@ -617,6 +619,8 @@
         'src/node_platform.h',
         'src/node_process.h',
         'src/node_process-inl.h',
+        'src/node_realm.h',
+        'src/node_realm-inl.h',
         'src/node_report.h',
         'src/node_revert.h',
         'src/node_root_certs.h',
diff --git a/src/api/environment.cc b/src/api/environment.cc
index 2cecae617f07f7..32952d2cb53d6b 100644
--- a/src/api/environment.cc
+++ b/src/api/environment.cc
@@ -5,6 +5,7 @@
 #include "node_internals.h"
 #include "node_options-inl.h"
 #include "node_platform.h"
+#include "node_realm-inl.h"
 #include "node_shadow_realm.h"
 #include "node_v8_platform-inl.h"
 #include "node_wasm_web_api.h"
@@ -378,7 +379,7 @@ Environment* CreateEnvironment(
   }
 #endif
 
-  if (env->RunBootstrapping().IsEmpty()) {
+  if (env->principal_realm()->RunBootstrapping().IsEmpty()) {
     FreeEnvironment(env);
     return nullptr;
   }
@@ -453,11 +454,13 @@ MaybeLocal<Value> LoadEnvironment(
         builtins::BuiltinLoader::Add(
             name.c_str(), UnionBytes(**main_utf16, main_utf16->length()));
         env->set_main_utf16(std::move(main_utf16));
+        Realm* realm = env->principal_realm();
+
         // Arguments must match the parameters specified in
         // BuiltinLoader::LookupAndCompile().
-        std::vector<Local<Value>> args = {env->process_object(),
-                                          env->builtin_module_require()};
-        return ExecuteBootstrapper(env, name.c_str(), &args);
+        std::vector<Local<Value>> args = {realm->process_object(),
+                                          realm->builtin_module_require()};
+        return realm->ExecuteBootstrapper(name.c_str(), &args);
       });
 }
 
diff --git a/src/base_object-inl.h b/src/base_object-inl.h
index ff618f08b5d394..f836d1a0d3cff9 100644
--- a/src/base_object-inl.h
+++ b/src/base_object-inl.h
@@ -32,6 +32,12 @@
 
 namespace node {
 
+// static
+v8::Local<v8::FunctionTemplate> BaseObject::GetConstructorTemplate(
+    Environment* env) {
+  return BaseObject::GetConstructorTemplate(env->isolate_data());
+}
+
 void BaseObject::Detach() {
   CHECK_GT(pointer_data()->strong_ptr_count, 0);
   pointer_data()->is_detached = true;
diff --git a/src/base_object.h b/src/base_object.h
index 6f072bf5ec0357..e12c9b5d1e4506 100644
--- a/src/base_object.h
+++ b/src/base_object.h
@@ -31,6 +31,7 @@
 namespace node {
 
 class Environment;
+class IsolateData;
 template <typename T, bool kIsWeak>
 class BaseObjectPtrImpl;
 
@@ -111,8 +112,10 @@ class BaseObject : public MemoryRetainer {
   // a BaseObjectPtr to this object.
   inline void Detach();
 
-  static v8::Local<v8::FunctionTemplate> GetConstructorTemplate(
+  static inline v8::Local<v8::FunctionTemplate> GetConstructorTemplate(
       Environment* env);
+  static v8::Local<v8::FunctionTemplate> GetConstructorTemplate(
+      IsolateData* isolate_data);
 
   // Interface for transferring BaseObject instances using the .postMessage()
   // method of MessagePorts (and, by extension, Workers).
diff --git a/src/env-inl.h b/src/env-inl.h
index 428e517aedb1e8..28fb3fda0dba1d 100644
--- a/src/env-inl.h
+++ b/src/env-inl.h
@@ -31,6 +31,7 @@
 #include "node_context_data.h"
 #include "node_internals.h"
 #include "node_perf_common.h"
+#include "node_realm-inl.h"
 #include "util-inl.h"
 #include "uv.h"
 #include "v8.h"
@@ -614,15 +615,7 @@ inline void Environment::set_can_call_into_js(bool can_call_into_js) {
 }
 
 inline bool Environment::has_run_bootstrapping_code() const {
-  return has_run_bootstrapping_code_;
-}
-
-inline void Environment::DoneBootstrapping() {
-  has_run_bootstrapping_code_ = true;
-  // This adjusts the return value of base_object_created_after_bootstrap() so
-  // that tests that check the count do not have to account for internally
-  // created BaseObjects.
-  base_object_created_by_bootstrap_ = base_object_count_;
+  return principal_realm_->has_run_bootstrapping_code();
 }
 
 inline bool Environment::has_serialized_options() const {
@@ -830,14 +823,18 @@ void Environment::modify_base_object_count(int64_t delta) {
   base_object_count_ += delta;
 }
 
-int64_t Environment::base_object_created_after_bootstrap() const {
-  return base_object_count_ - base_object_created_by_bootstrap_;
-}
-
 int64_t Environment::base_object_count() const {
   return base_object_count_;
 }
 
+inline void Environment::set_base_object_created_by_bootstrap(int64_t count) {
+  base_object_created_by_bootstrap_ = base_object_count_;
+}
+
+int64_t Environment::base_object_created_after_bootstrap() const {
+  return base_object_count_ - base_object_created_by_bootstrap_;
+}
+
 void Environment::set_main_utf16(std::unique_ptr<v8::String::Value> str) {
   CHECK(!main_utf16_);
   main_utf16_ = std::move(str);
@@ -902,16 +899,22 @@ void Environment::set_process_exit_handler(
 
 #define V(PropertyName, TypeName)                                              \
   inline v8::Local<TypeName> Environment::PropertyName() const {               \
-    return PersistentToLocal::Strong(PropertyName##_);                         \
+    DCHECK_NOT_NULL(principal_realm_);                                         \
+    return principal_realm_->PropertyName();                                   \
   }                                                                            \
   inline void Environment::set_##PropertyName(v8::Local<TypeName> value) {     \
-    PropertyName##_.Reset(isolate(), value);                                   \
+    DCHECK_NOT_NULL(principal_realm_);                                         \
+    principal_realm_->set_##PropertyName(value);                               \
   }
-  ENVIRONMENT_STRONG_PERSISTENT_VALUES(V)
+  PER_REALM_STRONG_PERSISTENT_VALUES(V)
 #undef V
 
 v8::Local<v8::Context> Environment::context() const {
-  return PersistentToLocal::Strong(context_);
+  return principal_realm()->context();
+}
+
+Realm* Environment::principal_realm() const {
+  return principal_realm_.get();
 }
 
 }  // namespace node
diff --git a/src/env.cc b/src/env.cc
index 9bc9346e653fe1..9d3602d24aae35 100644
--- a/src/env.cc
+++ b/src/env.cc
@@ -445,6 +445,12 @@ void IsolateData::CreateProperties() {
 #undef V
 
   // TODO(legendecas): eagerly create per isolate templates.
+  Local<FunctionTemplate> templ = FunctionTemplate::New(isolate());
+  templ->InstanceTemplate()->SetInternalFieldCount(
+      BaseObject::kInternalFieldCount);
+  templ->Inherit(BaseObject::GetConstructorTemplate(this));
+  set_binding_data_ctor_template(templ);
+
   set_contextify_global_template(
       contextify::ContextifyContext::CreateGlobalTemplate(isolate_));
 }
@@ -499,6 +505,10 @@ void TrackingTraceStateObserver::UpdateTraceCategoryState() {
     return;
   }
 
+  if (env_->principal_realm() == nullptr) {
+    return;
+  }
+
   bool async_hooks_enabled = (*(TRACE_EVENT_API_GET_CATEGORY_GROUP_ENABLED(
                                  TRACING_CATEGORY_NODE1(async_hooks)))) != 0;
 
@@ -514,9 +524,11 @@ void TrackingTraceStateObserver::UpdateTraceCategoryState() {
 }
 
 void Environment::AssignToContext(Local<v8::Context> context,
+                                  Realm* realm,
                                   const ContextInfo& info) {
   context->SetAlignedPointerInEmbedderData(ContextEmbedderIndex::kEnvironment,
                                            this);
+  context->SetAlignedPointerInEmbedderData(ContextEmbedderIndex::kRealm, realm);
   // Used to retrieve bindings
   context->SetAlignedPointerInEmbedderData(
       ContextEmbedderIndex::kBindingListIndex, &(this->bindings_));
@@ -591,56 +603,6 @@ std::unique_ptr<v8::BackingStore> Environment::release_managed_buffer(
   return bs;
 }
 
-void Environment::CreateProperties() {
-  HandleScope handle_scope(isolate_);
-  Local<Context> ctx = context();
-
-  {
-    Context::Scope context_scope(ctx);
-    Local<FunctionTemplate> templ = FunctionTemplate::New(isolate());
-    templ->InstanceTemplate()->SetInternalFieldCount(
-        BaseObject::kInternalFieldCount);
-    templ->Inherit(BaseObject::GetConstructorTemplate(this));
-
-    set_binding_data_ctor_template(templ);
-  }
-
-  // Store primordials setup by the per-context script in the environment.
-  Local<Object> per_context_bindings =
-      GetPerContextExports(ctx).ToLocalChecked();
-  Local<Value> primordials =
-      per_context_bindings->Get(ctx, primordials_string()).ToLocalChecked();
-  CHECK(primordials->IsObject());
-  set_primordials(primordials.As<Object>());
-
-  Local<String> prototype_string =
-      FIXED_ONE_BYTE_STRING(isolate(), "prototype");
-
-#define V(EnvPropertyName, PrimordialsPropertyName)                            \
-  {                                                                            \
-    Local<Value> ctor =                                                        \
-        primordials.As<Object>()                                               \
-            ->Get(ctx,                                                         \
-                  FIXED_ONE_BYTE_STRING(isolate(), PrimordialsPropertyName))   \
-            .ToLocalChecked();                                                 \
-    CHECK(ctor->IsObject());                                                   \
-    Local<Value> prototype =                                                   \
-        ctor.As<Object>()->Get(ctx, prototype_string).ToLocalChecked();        \
-    CHECK(prototype->IsObject());                                              \
-    set_##EnvPropertyName(prototype.As<Object>());                             \
-  }
-
-  V(primordials_safe_map_prototype_object, "SafeMap");
-  V(primordials_safe_set_prototype_object, "SafeSet");
-  V(primordials_safe_weak_map_prototype_object, "SafeWeakMap");
-  V(primordials_safe_weak_set_prototype_object, "SafeWeakSet");
-#undef V
-
-  Local<Object> process_object =
-      node::CreateProcessObject(this).FromMaybe(Local<Object>());
-  set_process_object(process_object);
-}
-
 std::string GetExecPath(const std::vector<std::string>& argv) {
   char exec_path_buf[2 * PATH_MAX];
   size_t exec_path_len = sizeof(exec_path_buf);
@@ -776,12 +738,11 @@ Environment::Environment(IsolateData* isolate_data,
 
 void Environment::InitializeMainContext(Local<Context> context,
                                         const EnvSerializeInfo* env_info) {
-  context_.Reset(context->GetIsolate(), context);
-  AssignToContext(context, ContextInfo(""));
+  principal_realm_ = std::make_unique<Realm>(
+      this, context, MAYBE_FIELD_PTR(env_info, principal_realm));
+  AssignToContext(context, principal_realm_.get(), ContextInfo(""));
   if (env_info != nullptr) {
     DeserializeProperties(env_info);
-  } else {
-    CreateProperties();
   }
 
   if (!options_->force_async_hooks_checks) {
@@ -806,6 +767,9 @@ void Environment::InitializeMainContext(Local<Context> context,
 }
 
 Environment::~Environment() {
+  HandleScope handle_scope(isolate());
+  Local<Context> ctx = context();
+
   if (Environment** interrupt_data = interrupt_data_.load()) {
     // There are pending RequestInterrupt() callbacks. Tell them not to run,
     // then force V8 to run interrupts by compiling and running an empty script
@@ -813,9 +777,8 @@ Environment::~Environment() {
     *interrupt_data = nullptr;
 
     Isolate::AllowJavascriptExecutionScope allow_js_here(isolate());
-    HandleScope handle_scope(isolate());
     TryCatch try_catch(isolate());
-    Context::Scope context_scope(context());
+    Context::Scope context_scope(ctx);
 
 #ifdef DEBUG
     bool consistency_check = false;
@@ -825,8 +788,8 @@ Environment::~Environment() {
 #endif
 
     Local<Script> script;
-    if (Script::Compile(context(), String::Empty(isolate())).ToLocal(&script))
-      USE(script->Run(context()));
+    if (Script::Compile(ctx, String::Empty(isolate())).ToLocal(&script))
+      USE(script->Run(ctx));
 
     DCHECK(consistency_check);
   }
@@ -842,16 +805,15 @@ Environment::~Environment() {
   isolate()->GetHeapProfiler()->RemoveBuildEmbedderGraphCallback(
       BuildEmbedderGraph, this);
 
-  HandleScope handle_scope(isolate());
-
 #if HAVE_INSPECTOR
   // Destroy inspector agent before erasing the context. The inspector
   // destructor depends on the context still being accessible.
   inspector_agent_.reset();
 #endif
 
-  context()->SetAlignedPointerInEmbedderData(ContextEmbedderIndex::kEnvironment,
-                                             nullptr);
+  ctx->SetAlignedPointerInEmbedderData(ContextEmbedderIndex::kEnvironment,
+                                       nullptr);
+  ctx->SetAlignedPointerInEmbedderData(ContextEmbedderIndex::kRealm, nullptr);
 
   if (trace_state_observer_) {
     tracing::AgentWriterHandle* writer = GetTracingAgentWriter();
@@ -1690,81 +1652,14 @@ EnvSerializeInfo Environment::Serialize(SnapshotCreator* creator) {
   info.should_abort_on_uncaught_toggle =
       should_abort_on_uncaught_toggle_.Serialize(ctx, creator);
 
-  uint32_t id = 0;
-#define V(PropertyName, TypeName)                                              \
-  do {                                                                         \
-    Local<TypeName> field = PropertyName();                                    \
-    if (!field.IsEmpty()) {                                                    \
-      size_t index = creator->AddData(ctx, field);                             \
-      info.persistent_values.push_back({#PropertyName, id, index});            \
-    }                                                                          \
-    id++;                                                                      \
-  } while (0);
-  ENVIRONMENT_STRONG_PERSISTENT_VALUES(V)
-#undef V
-
   // Do this after other creator->AddData() calls so that Snapshotable objects
   // can use 0 to indicate that a SnapshotIndex is invalid.
   SerializeSnapshotableObjects(this, creator, &info);
 
-  info.context = creator->AddData(ctx, context());
+  info.principal_realm = principal_realm_->Serialize(creator);
   return info;
 }
 
-std::ostream& operator<<(std::ostream& output,
-                         const std::vector<PropInfo>& vec) {
-  output << "{\n";
-  for (const auto& info : vec) {
-    output << "  " << info << ",\n";
-  }
-  output << "}";
-  return output;
-}
-
-std::ostream& operator<<(std::ostream& output, const PropInfo& info) {
-  output << "{ \"" << info.name << "\", " << std::to_string(info.id) << ", "
-         << std::to_string(info.index) << " }";
-  return output;
-}
-
-std::ostream& operator<<(std::ostream& output,
-                         const std::vector<std::string>& vec) {
-  output << "{\n";
-  for (const auto& info : vec) {
-    output << "  \"" << info << "\",\n";
-  }
-  output << "}";
-  return output;
-}
-
-std::ostream& operator<<(std::ostream& output, const EnvSerializeInfo& i) {
-  output << "{\n"
-         << "// -- native_objects begins --\n"
-         << i.native_objects << ",\n"
-         << "// -- native_objects ends --\n"
-         << "// -- builtins begins --\n"
-         << i.builtins << ",\n"
-         << "// -- builtins ends --\n"
-         << "// -- async_hooks begins --\n"
-         << i.async_hooks << ",\n"
-         << "// -- async_hooks ends --\n"
-         << i.tick_info << ",  // tick_info\n"
-         << i.immediate_info << ",  // immediate_info\n"
-         << "// -- performance_state begins --\n"
-         << i.performance_state << ",\n"
-         << "// -- performance_state ends --\n"
-         << i.exiting << ",  // exiting\n"
-         << i.stream_base_state << ",  // stream_base_state\n"
-         << i.should_abort_on_uncaught_toggle
-         << ",  // should_abort_on_uncaught_toggle\n"
-         << "// -- persistent_values begins --\n"
-         << i.persistent_values << ",\n"
-         << "// -- persistent_values ends --\n"
-         << i.context << ",  // context\n"
-         << "}";
-  return output;
-}
-
 void Environment::EnqueueDeserializeRequest(DeserializeRequestCallback cb,
                                             Local<Object> holder,
                                             int index,
@@ -1802,44 +1697,12 @@ void Environment::DeserializeProperties(const EnvSerializeInfo* info) {
   stream_base_state_.Deserialize(ctx);
   should_abort_on_uncaught_toggle_.Deserialize(ctx);
 
+  principal_realm_->DeserializeProperties(&info->principal_realm);
+
   if (enabled_debug_list_.enabled(DebugCategory::MKSNAPSHOT)) {
     fprintf(stderr, "deserializing...\n");
     std::cerr << *info << "\n";
   }
-
-  const std::vector<PropInfo>& values = info->persistent_values;
-  size_t i = 0;  // index to the array
-  uint32_t id = 0;
-#define V(PropertyName, TypeName)                                              \
-  do {                                                                         \
-    if (values.size() > i && id == values[i].id) {                             \
-      const PropInfo& d = values[i];                                           \
-      DCHECK_EQ(d.name, #PropertyName);                                        \
-      MaybeLocal<TypeName> maybe_field =                                       \
-          ctx->GetDataFromSnapshotOnce<TypeName>(d.index);                     \
-      Local<TypeName> field;                                                   \
-      if (!maybe_field.ToLocal(&field)) {                                      \
-        fprintf(stderr,                                                        \
-                "Failed to deserialize environment value " #PropertyName       \
-                "\n");                                                         \
-      }                                                                        \
-      set_##PropertyName(field);                                               \
-      i++;                                                                     \
-    }                                                                          \
-    id++;                                                                      \
-  } while (0);
-
-  ENVIRONMENT_STRONG_PERSISTENT_VALUES(V);
-#undef V
-
-  MaybeLocal<Context> maybe_ctx_from_snapshot =
-      ctx->GetDataFromSnapshotOnce<Context>(info->context);
-  Local<Context> ctx_from_snapshot;
-  if (!maybe_ctx_from_snapshot.ToLocal(&ctx_from_snapshot)) {
-    fprintf(stderr,
-            "Failed to deserialize context back reference from the snapshot\n");
-  }
-  CHECK_EQ(ctx_from_snapshot, ctx);
 }
 
 uint64_t GuessMemoryAvailableToTheProcess() {
@@ -2027,11 +1890,7 @@ void Environment::MemoryInfo(MemoryTracker* tracker) const {
   tracker->TrackField("async_hooks", async_hooks_);
   tracker->TrackField("immediate_info", immediate_info_);
   tracker->TrackField("tick_info", tick_info_);
-
-#define V(PropertyName, TypeName)                                              \
-  tracker->TrackField(#PropertyName, PropertyName());
-  ENVIRONMENT_STRONG_PERSISTENT_VALUES(V)
-#undef V
+  tracker->TrackField("principal_realm", principal_realm_);
 
   // FIXME(joyeecheung): track other fields in Environment.
   // Currently MemoryTracker is unable to track these
@@ -2180,12 +2039,14 @@ bool BaseObject::IsRootNode() const {
   return !persistent_handle_.IsWeak();
 }
 
-Local<FunctionTemplate> BaseObject::GetConstructorTemplate(Environment* env) {
-  Local<FunctionTemplate> tmpl = env->base_object_ctor_template();
+Local<FunctionTemplate> BaseObject::GetConstructorTemplate(
+    IsolateData* isolate_data) {
+  Local<FunctionTemplate> tmpl = isolate_data->base_object_ctor_template();
   if (tmpl.IsEmpty()) {
-    tmpl = NewFunctionTemplate(env->isolate(), nullptr);
-    tmpl->SetClassName(FIXED_ONE_BYTE_STRING(env->isolate(), "BaseObject"));
-    env->set_base_object_ctor_template(tmpl);
+    tmpl = NewFunctionTemplate(isolate_data->isolate(), nullptr);
+    tmpl->SetClassName(
+        FIXED_ONE_BYTE_STRING(isolate_data->isolate(), "BaseObject"));
+    isolate_data->set_base_object_ctor_template(tmpl);
   }
   return tmpl;
 }
diff --git a/src/env.h b/src/env.h
index 6f148dbd041b83..acbefe4a1c0400 100644
--- a/src/env.h
+++ b/src/env.h
@@ -31,6 +31,7 @@
 #endif
 #include "callback_queue.h"
 #include "debug_utils.h"
+#include "env_properties.h"
 #include "handle_wrap.h"
 #include "node.h"
 #include "node_binding.h"
@@ -38,6 +39,7 @@
 #include "node_main_instance.h"
 #include "node_options.h"
 #include "node_perf_common.h"
+#include "node_realm.h"
 #include "node_snapshotable.h"
 #include "req_wrap.h"
 #include "util.h"
@@ -110,6 +112,9 @@ struct PackageConfig {
 };
 }  // namespace loader
 
+class Environment;
+class Realm;
+
 enum class FsStatsOffset {
   kDev = 0,
   kMode,
@@ -150,441 +155,6 @@ class NoArrayBufferZeroFillScope {
   friend class Environment;
 };
 
-// PER_ISOLATE_* macros: We have a lot of per-isolate properties
-// and adding and maintaining their getters and setters by hand would be
-// difficult so let's make the preprocessor generate them for us.
-//
-// In each macro, `V` is expected to be the name of a macro or function which
-// accepts the number of arguments provided in each tuple in the macro body,
-// typically two. The named function will be invoked against each tuple.
-//
-// Make sure that any macro V defined for use with the PER_ISOLATE_* macros is
-// undefined again after use.
-
-// Private symbols are per-isolate primitives but Environment proxies them
-// for the sake of convenience.  Strings should be ASCII-only and have a
-// "node:" prefix to avoid name clashes with third-party code.
-#define PER_ISOLATE_PRIVATE_SYMBOL_PROPERTIES(V)                               \
-  V(alpn_buffer_private_symbol, "node:alpnBuffer")                             \
-  V(arrow_message_private_symbol, "node:arrowMessage")                         \
-  V(contextify_context_private_symbol, "node:contextify:context")              \
-  V(contextify_global_private_symbol, "node:contextify:global")                \
-  V(decorated_private_symbol, "node:decorated")                                \
-  V(napi_type_tag, "node:napi:type_tag")                                       \
-  V(napi_wrapper, "node:napi:wrapper")                                         \
-  V(untransferable_object_private_symbol, "node:untransferableObject")         \
-  V(exiting_aliased_Uint32Array, "node:exiting_aliased_Uint32Array")
-
-// Symbols are per-isolate primitives but Environment proxies them
-// for the sake of convenience.
-#define PER_ISOLATE_SYMBOL_PROPERTIES(V)                                       \
-  V(async_id_symbol, "async_id_symbol")                                        \
-  V(handle_onclose_symbol, "handle_onclose")                                   \
-  V(no_message_symbol, "no_message_symbol")                                    \
-  V(messaging_deserialize_symbol, "messaging_deserialize_symbol")              \
-  V(messaging_transfer_symbol, "messaging_transfer_symbol")                    \
-  V(messaging_clone_symbol, "messaging_clone_symbol")                          \
-  V(messaging_transfer_list_symbol, "messaging_transfer_list_symbol")          \
-  V(oninit_symbol, "oninit")                                                   \
-  V(owner_symbol, "owner_symbol")                                              \
-  V(onpskexchange_symbol, "onpskexchange")                                     \
-  V(resource_symbol, "resource_symbol")                                        \
-  V(trigger_async_id_symbol, "trigger_async_id_symbol")                        \
-
-// Strings are per-isolate primitives but Environment proxies them
-// for the sake of convenience.  Strings should be ASCII-only.
-#define PER_ISOLATE_STRING_PROPERTIES(V)                                       \
-  V(ack_string, "ack")                                                         \
-  V(address_string, "address")                                                 \
-  V(aliases_string, "aliases")                                                 \
-  V(args_string, "args")                                                       \
-  V(asn1curve_string, "asn1Curve")                                             \
-  V(async_ids_stack_string, "async_ids_stack")                                 \
-  V(bits_string, "bits")                                                       \
-  V(block_list_string, "blockList")                                            \
-  V(buffer_string, "buffer")                                                   \
-  V(bytes_parsed_string, "bytesParsed")                                        \
-  V(bytes_read_string, "bytesRead")                                            \
-  V(bytes_written_string, "bytesWritten")                                      \
-  V(cached_data_produced_string, "cachedDataProduced")                         \
-  V(cached_data_rejected_string, "cachedDataRejected")                         \
-  V(cached_data_string, "cachedData")                                          \
-  V(cache_key_string, "cacheKey")                                              \
-  V(change_string, "change")                                                   \
-  V(channel_string, "channel")                                                 \
-  V(chunks_sent_since_last_write_string, "chunksSentSinceLastWrite")           \
-  V(clone_unsupported_type_str, "Cannot transfer object of unsupported type.") \
-  V(code_string, "code")                                                       \
-  V(commonjs_string, "commonjs")                                               \
-  V(config_string, "config")                                                   \
-  V(constants_string, "constants")                                             \
-  V(crypto_dh_string, "dh")                                                    \
-  V(crypto_dsa_string, "dsa")                                                  \
-  V(crypto_ec_string, "ec")                                                    \
-  V(crypto_ed25519_string, "ed25519")                                          \
-  V(crypto_ed448_string, "ed448")                                              \
-  V(crypto_x25519_string, "x25519")                                            \
-  V(crypto_x448_string, "x448")                                                \
-  V(crypto_rsa_string, "rsa")                                                  \
-  V(crypto_rsa_pss_string, "rsa-pss")                                          \
-  V(cwd_string, "cwd")                                                         \
-  V(data_string, "data")                                                       \
-  V(default_is_true_string, "defaultIsTrue")                                   \
-  V(deserialize_info_string, "deserializeInfo")                                \
-  V(dest_string, "dest")                                                       \
-  V(destroyed_string, "destroyed")                                             \
-  V(detached_string, "detached")                                               \
-  V(dh_string, "DH")                                                           \
-  V(divisor_length_string, "divisorLength")                                    \
-  V(dns_a_string, "A")                                                         \
-  V(dns_aaaa_string, "AAAA")                                                   \
-  V(dns_caa_string, "CAA")                                                     \
-  V(dns_critical_string, "critical")                                           \
-  V(dns_cname_string, "CNAME")                                                 \
-  V(dns_mx_string, "MX")                                                       \
-  V(dns_naptr_string, "NAPTR")                                                 \
-  V(dns_ns_string, "NS")                                                       \
-  V(dns_ptr_string, "PTR")                                                     \
-  V(dns_soa_string, "SOA")                                                     \
-  V(dns_srv_string, "SRV")                                                     \
-  V(dns_txt_string, "TXT")                                                     \
-  V(done_string, "done")                                                       \
-  V(duration_string, "duration")                                               \
-  V(ecdh_string, "ECDH")                                                       \
-  V(emit_string, "emit")                                                       \
-  V(emit_warning_string, "emitWarning")                                        \
-  V(empty_object_string, "{}")                                                 \
-  V(encoding_string, "encoding")                                               \
-  V(entries_string, "entries")                                                 \
-  V(entry_type_string, "entryType")                                            \
-  V(env_pairs_string, "envPairs")                                              \
-  V(env_var_settings_string, "envVarSettings")                                 \
-  V(errno_string, "errno")                                                     \
-  V(error_string, "error")                                                     \
-  V(exchange_string, "exchange")                                               \
-  V(exit_code_string, "exitCode")                                              \
-  V(expire_string, "expire")                                                   \
-  V(exponent_string, "exponent")                                               \
-  V(exports_string, "exports")                                                 \
-  V(ext_key_usage_string, "ext_key_usage")                                     \
-  V(external_stream_string, "_externalStream")                                 \
-  V(family_string, "family")                                                   \
-  V(fatal_exception_string, "_fatalException")                                 \
-  V(fd_string, "fd")                                                           \
-  V(fields_string, "fields")                                                   \
-  V(file_string, "file")                                                       \
-  V(filename_string, "filename")                                               \
-  V(fingerprint256_string, "fingerprint256")                                   \
-  V(fingerprint512_string, "fingerprint512")                                   \
-  V(fingerprint_string, "fingerprint")                                         \
-  V(flags_string, "flags")                                                     \
-  V(flowlabel_string, "flowlabel")                                             \
-  V(fragment_string, "fragment")                                               \
-  V(frames_received_string, "framesReceived")                                  \
-  V(frames_sent_string, "framesSent")                                          \
-  V(function_string, "function")                                               \
-  V(get_data_clone_error_string, "_getDataCloneError")                         \
-  V(get_shared_array_buffer_id_string, "_getSharedArrayBufferId")              \
-  V(gid_string, "gid")                                                         \
-  V(h2_string, "h2")                                                           \
-  V(handle_string, "handle")                                                   \
-  V(hash_algorithm_string, "hashAlgorithm")                                    \
-  V(help_text_string, "helpText")                                              \
-  V(homedir_string, "homedir")                                                 \
-  V(host_string, "host")                                                       \
-  V(hostmaster_string, "hostmaster")                                           \
-  V(http_1_1_string, "http/1.1")                                               \
-  V(id_string, "id")                                                           \
-  V(identity_string, "identity")                                               \
-  V(ignore_string, "ignore")                                                   \
-  V(infoaccess_string, "infoAccess")                                           \
-  V(inherit_string, "inherit")                                                 \
-  V(input_string, "input")                                                     \
-  V(internal_binding_string, "internalBinding")                                \
-  V(internal_string, "internal")                                               \
-  V(ipv4_string, "IPv4")                                                       \
-  V(ipv6_string, "IPv6")                                                       \
-  V(isclosing_string, "isClosing")                                             \
-  V(issuer_string, "issuer")                                                   \
-  V(issuercert_string, "issuerCertificate")                                    \
-  V(jwk_crv_string, "crv")                                                     \
-  V(jwk_d_string, "d")                                                         \
-  V(jwk_dp_string, "dp")                                                       \
-  V(jwk_dq_string, "dq")                                                       \
-  V(jwk_dsa_string, "DSA")                                                     \
-  V(jwk_e_string, "e")                                                         \
-  V(jwk_ec_string, "EC")                                                       \
-  V(jwk_g_string, "g")                                                         \
-  V(jwk_k_string, "k")                                                         \
-  V(jwk_p_string, "p")                                                         \
-  V(jwk_q_string, "q")                                                         \
-  V(jwk_qi_string, "qi")                                                       \
-  V(jwk_kty_string, "kty")                                                     \
-  V(jwk_n_string, "n")                                                         \
-  V(jwk_oct_string, "oct")                                                     \
-  V(jwk_okp_string, "OKP")                                                     \
-  V(jwk_rsa_string, "RSA")                                                     \
-  V(jwk_x_string, "x")                                                         \
-  V(jwk_y_string, "y")                                                         \
-  V(kill_signal_string, "killSignal")                                          \
-  V(kind_string, "kind")                                                       \
-  V(length_string, "length")                                                   \
-  V(library_string, "library")                                                 \
-  V(mac_string, "mac")                                                         \
-  V(max_buffer_string, "maxBuffer")                                            \
-  V(max_concurrent_streams_string, "maxConcurrentStreams")                     \
-  V(message_port_constructor_string, "MessagePort")                            \
-  V(message_port_string, "messagePort")                                        \
-  V(message_string, "message")                                                 \
-  V(messageerror_string, "messageerror")                                       \
-  V(mgf1_hash_algorithm_string, "mgf1HashAlgorithm")                           \
-  V(minttl_string, "minttl")                                                   \
-  V(module_string, "module")                                                   \
-  V(modulus_string, "modulus")                                                 \
-  V(modulus_length_string, "modulusLength")                                    \
-  V(name_string, "name")                                                       \
-  V(named_curve_string, "namedCurve")                                          \
-  V(netmask_string, "netmask")                                                 \
-  V(next_string, "next")                                                       \
-  V(nistcurve_string, "nistCurve")                                             \
-  V(node_string, "node")                                                       \
-  V(nsname_string, "nsname")                                                   \
-  V(object_string, "Object")                                                   \
-  V(ocsp_request_string, "OCSPRequest")                                        \
-  V(oncertcb_string, "oncertcb")                                               \
-  V(onchange_string, "onchange")                                               \
-  V(onclienthello_string, "onclienthello")                                     \
-  V(oncomplete_string, "oncomplete")                                           \
-  V(onconnection_string, "onconnection")                                       \
-  V(ondone_string, "ondone")                                                   \
-  V(onerror_string, "onerror")                                                 \
-  V(onexit_string, "onexit")                                                   \
-  V(onhandshakedone_string, "onhandshakedone")                                 \
-  V(onhandshakestart_string, "onhandshakestart")                               \
-  V(onkeylog_string, "onkeylog")                                               \
-  V(onmessage_string, "onmessage")                                             \
-  V(onnewsession_string, "onnewsession")                                       \
-  V(onocspresponse_string, "onocspresponse")                                   \
-  V(onreadstart_string, "onreadstart")                                         \
-  V(onreadstop_string, "onreadstop")                                           \
-  V(onshutdown_string, "onshutdown")                                           \
-  V(onsignal_string, "onsignal")                                               \
-  V(onunpipe_string, "onunpipe")                                               \
-  V(onwrite_string, "onwrite")                                                 \
-  V(openssl_error_stack, "opensslErrorStack")                                  \
-  V(options_string, "options")                                                 \
-  V(order_string, "order")                                                     \
-  V(output_string, "output")                                                   \
-  V(overlapped_string, "overlapped")                                           \
-  V(parse_error_string, "Parse Error")                                         \
-  V(password_string, "password")                                               \
-  V(path_string, "path")                                                       \
-  V(pending_handle_string, "pendingHandle")                                    \
-  V(pid_string, "pid")                                                         \
-  V(ping_rtt_string, "pingRTT")                                                \
-  V(pipe_source_string, "pipeSource")                                          \
-  V(pipe_string, "pipe")                                                       \
-  V(pipe_target_string, "pipeTarget")                                          \
-  V(port1_string, "port1")                                                     \
-  V(port2_string, "port2")                                                     \
-  V(port_string, "port")                                                       \
-  V(preference_string, "preference")                                           \
-  V(primordials_string, "primordials")                                         \
-  V(priority_string, "priority")                                               \
-  V(process_string, "process")                                                 \
-  V(promise_string, "promise")                                                 \
-  V(psk_string, "psk")                                                         \
-  V(pubkey_string, "pubkey")                                                   \
-  V(public_exponent_string, "publicExponent")                                  \
-  V(query_string, "query")                                                     \
-  V(rate_string, "rate")                                                       \
-  V(raw_string, "raw")                                                         \
-  V(read_host_object_string, "_readHostObject")                                \
-  V(readable_string, "readable")                                               \
-  V(reason_string, "reason")                                                   \
-  V(refresh_string, "refresh")                                                 \
-  V(regexp_string, "regexp")                                                   \
-  V(rename_string, "rename")                                                   \
-  V(replacement_string, "replacement")                                         \
-  V(require_string, "require")                                                 \
-  V(retry_string, "retry")                                                     \
-  V(salt_length_string, "saltLength")                                          \
-  V(scheme_string, "scheme")                                                   \
-  V(scopeid_string, "scopeid")                                                 \
-  V(serial_number_string, "serialNumber")                                      \
-  V(serial_string, "serial")                                                   \
-  V(servername_string, "servername")                                           \
-  V(service_string, "service")                                                 \
-  V(session_id_string, "sessionId")                                            \
-  V(shell_string, "shell")                                                     \
-  V(signal_string, "signal")                                                   \
-  V(sink_string, "sink")                                                       \
-  V(size_string, "size")                                                       \
-  V(sni_context_err_string, "Invalid SNI context")                             \
-  V(sni_context_string, "sni_context")                                         \
-  V(source_string, "source")                                                   \
-  V(stack_string, "stack")                                                     \
-  V(standard_name_string, "standardName")                                      \
-  V(start_time_string, "startTime")                                            \
-  V(state_string, "state")                                                     \
-  V(stats_string, "stats")                                                     \
-  V(status_string, "status")                                                   \
-  V(stdio_string, "stdio")                                                     \
-  V(stream_average_duration_string, "streamAverageDuration")                   \
-  V(stream_count_string, "streamCount")                                        \
-  V(subject_string, "subject")                                                 \
-  V(subjectaltname_string, "subjectaltname")                                   \
-  V(syscall_string, "syscall")                                                 \
-  V(target_string, "target")                                                   \
-  V(thread_id_string, "threadId")                                              \
-  V(ticketkeycallback_string, "onticketkeycallback")                           \
-  V(timeout_string, "timeout")                                                 \
-  V(time_to_first_byte_string, "timeToFirstByte")                              \
-  V(time_to_first_byte_sent_string, "timeToFirstByteSent")                     \
-  V(time_to_first_header_string, "timeToFirstHeader")                          \
-  V(tls_ticket_string, "tlsTicket")                                            \
-  V(transfer_string, "transfer")                                               \
-  V(ttl_string, "ttl")                                                         \
-  V(type_string, "type")                                                       \
-  V(uid_string, "uid")                                                         \
-  V(unknown_string, "<unknown>")                                               \
-  V(url_special_ftp_string, "ftp:")                                            \
-  V(url_special_file_string, "file:")                                          \
-  V(url_special_http_string, "http:")                                          \
-  V(url_special_https_string, "https:")                                        \
-  V(url_special_ws_string, "ws:")                                              \
-  V(url_special_wss_string, "wss:")                                            \
-  V(url_string, "url")                                                         \
-  V(username_string, "username")                                               \
-  V(valid_from_string, "valid_from")                                           \
-  V(valid_to_string, "valid_to")                                               \
-  V(value_string, "value")                                                     \
-  V(verify_error_string, "verifyError")                                        \
-  V(version_string, "version")                                                 \
-  V(weight_string, "weight")                                                   \
-  V(windows_hide_string, "windowsHide")                                        \
-  V(windows_verbatim_arguments_string, "windowsVerbatimArguments")             \
-  V(wrap_string, "wrap")                                                       \
-  V(writable_string, "writable")                                               \
-  V(write_host_object_string, "_writeHostObject")                              \
-  V(write_queue_size_string, "writeQueueSize")                                 \
-  V(x_forwarded_string, "x-forwarded-for")                                     \
-  V(zero_return_string, "ZERO_RETURN")
-
-#define PER_ISOLATE_TEMPLATE_PROPERTIES(V)                                     \
-  V(async_wrap_ctor_template, v8::FunctionTemplate)                            \
-  V(async_wrap_object_ctor_template, v8::FunctionTemplate)                     \
-  V(base_object_ctor_template, v8::FunctionTemplate)                           \
-  V(binding_data_ctor_template, v8::FunctionTemplate)                          \
-  V(blob_constructor_template, v8::FunctionTemplate)                           \
-  V(blocklist_constructor_template, v8::FunctionTemplate)                      \
-  V(contextify_global_template, v8::ObjectTemplate)                            \
-  V(compiled_fn_entry_template, v8::ObjectTemplate)                            \
-  V(dir_instance_template, v8::ObjectTemplate)                                 \
-  V(fd_constructor_template, v8::ObjectTemplate)                               \
-  V(fdclose_constructor_template, v8::ObjectTemplate)                          \
-  V(filehandlereadwrap_template, v8::ObjectTemplate)                           \
-  V(fsreqpromise_constructor_template, v8::ObjectTemplate)                     \
-  V(handle_wrap_ctor_template, v8::FunctionTemplate)                           \
-  V(histogram_ctor_template, v8::FunctionTemplate)                             \
-  V(http2settings_constructor_template, v8::ObjectTemplate)                    \
-  V(http2stream_constructor_template, v8::ObjectTemplate)                      \
-  V(http2ping_constructor_template, v8::ObjectTemplate)                        \
-  V(i18n_converter_template, v8::ObjectTemplate)                               \
-  V(intervalhistogram_constructor_template, v8::FunctionTemplate)              \
-  V(libuv_stream_wrap_ctor_template, v8::FunctionTemplate)                     \
-  V(message_port_constructor_template, v8::FunctionTemplate)                   \
-  V(microtask_queue_ctor_template, v8::FunctionTemplate)                       \
-  V(pipe_constructor_template, v8::FunctionTemplate)                           \
-  V(promise_wrap_template, v8::ObjectTemplate)                                 \
-  V(sab_lifetimepartner_constructor_template, v8::FunctionTemplate)            \
-  V(script_context_constructor_template, v8::FunctionTemplate)                 \
-  V(secure_context_constructor_template, v8::FunctionTemplate)                 \
-  V(shutdown_wrap_template, v8::ObjectTemplate)                                \
-  V(socketaddress_constructor_template, v8::FunctionTemplate)                  \
-  V(streambaseoutputstream_constructor_template, v8::ObjectTemplate)           \
-  V(qlogoutputstream_constructor_template, v8::ObjectTemplate)                 \
-  V(tcp_constructor_template, v8::FunctionTemplate)                            \
-  V(tty_constructor_template, v8::FunctionTemplate)                            \
-  V(write_wrap_template, v8::ObjectTemplate)                                   \
-  V(worker_heap_snapshot_taker_template, v8::ObjectTemplate)                   \
-  V(x509_constructor_template, v8::FunctionTemplate)
-
-#define ENVIRONMENT_STRONG_PERSISTENT_VALUES(V)                                \
-  V(async_hooks_after_function, v8::Function)                                  \
-  V(async_hooks_before_function, v8::Function)                                 \
-  V(async_hooks_callback_trampoline, v8::Function)                             \
-  V(async_hooks_binding, v8::Object)                                           \
-  V(async_hooks_destroy_function, v8::Function)                                \
-  V(async_hooks_init_function, v8::Function)                                   \
-  V(async_hooks_promise_resolve_function, v8::Function)                        \
-  V(buffer_prototype_object, v8::Object)                                       \
-  V(crypto_key_object_constructor, v8::Function)                               \
-  V(crypto_key_object_handle_constructor, v8::Function)                        \
-  V(crypto_key_object_private_constructor, v8::Function)                       \
-  V(crypto_key_object_public_constructor, v8::Function)                        \
-  V(crypto_key_object_secret_constructor, v8::Function)                        \
-  V(domexception_function, v8::Function)                                       \
-  V(enhance_fatal_stack_after_inspector, v8::Function)                         \
-  V(enhance_fatal_stack_before_inspector, v8::Function)                        \
-  V(fs_use_promises_symbol, v8::Symbol)                                        \
-  V(get_source_map_error_source, v8::Function)                                 \
-  V(host_import_module_dynamically_callback, v8::Function)                     \
-  V(host_initialize_import_meta_object_callback, v8::Function)                 \
-  V(http2session_on_altsvc_function, v8::Function)                             \
-  V(http2session_on_error_function, v8::Function)                              \
-  V(http2session_on_frame_error_function, v8::Function)                        \
-  V(http2session_on_goaway_data_function, v8::Function)                        \
-  V(http2session_on_headers_function, v8::Function)                            \
-  V(http2session_on_origin_function, v8::Function)                             \
-  V(http2session_on_ping_function, v8::Function)                               \
-  V(http2session_on_priority_function, v8::Function)                           \
-  V(http2session_on_settings_function, v8::Function)                           \
-  V(http2session_on_stream_close_function, v8::Function)                       \
-  V(http2session_on_stream_trailers_function, v8::Function)                    \
-  V(internal_binding_loader, v8::Function)                                     \
-  V(immediate_callback_function, v8::Function)                                 \
-  V(inspector_console_extension_installer, v8::Function)                       \
-  V(inspector_disable_async_hooks, v8::Function)                               \
-  V(inspector_enable_async_hooks, v8::Function)                                \
-  V(maybe_cache_generated_source_map, v8::Function)                            \
-  V(messaging_deserialize_create_object, v8::Function)                         \
-  V(message_port, v8::Object)                                                  \
-  V(builtin_module_require, v8::Function)                                      \
-  V(performance_entry_callback, v8::Function)                                  \
-  V(performance_entry_template, v8::Function)                                  \
-  V(prepare_stack_trace_callback, v8::Function)                                \
-  V(process_object, v8::Object)                                                \
-  V(primordials, v8::Object)                                                   \
-  V(primordials_safe_map_prototype_object, v8::Object)                         \
-  V(primordials_safe_set_prototype_object, v8::Object)                         \
-  V(primordials_safe_weak_map_prototype_object, v8::Object)                    \
-  V(primordials_safe_weak_set_prototype_object, v8::Object)                    \
-  V(promise_hook_handler, v8::Function)                                        \
-  V(promise_reject_callback, v8::Function)                                     \
-  V(snapshot_serialize_callback, v8::Function)                                 \
-  V(snapshot_deserialize_callback, v8::Function)                               \
-  V(snapshot_deserialize_main, v8::Function)                                   \
-  V(source_map_cache_getter, v8::Function)                                     \
-  V(tick_callback_function, v8::Function)                                      \
-  V(timers_callback_function, v8::Function)                                    \
-  V(tls_wrap_constructor_function, v8::Function)                               \
-  V(trace_category_state_function, v8::Function)                               \
-  V(udp_constructor_function, v8::Function)                                    \
-  V(url_constructor_function, v8::Function)                                    \
-  V(wasm_streaming_compilation_impl, v8::Function)                             \
-  V(wasm_streaming_object_constructor, v8::Function)
-
-class Environment;
-
-typedef size_t SnapshotIndex;
-
-struct PropInfo {
-  std::string name;     // name for debugging
-  uint32_t id;          // In the list - in case there are any empty entries
-  SnapshotIndex index;  // In the snapshot
-};
-
 struct IsolateDataSerializeInfo {
   std::vector<SnapshotIndex> primitive_values;
   std::vector<PropInfo> template_values;
@@ -979,9 +549,7 @@ struct EnvSerializeInfo {
   AliasedBufferIndex stream_base_state;
   AliasedBufferIndex should_abort_on_uncaught_toggle;
 
-  std::vector<PropInfo> persistent_values;
-
-  SnapshotIndex context;
+  RealmSerializeInfo principal_realm;
   friend std::ostream& operator<<(std::ostream& o, const EnvSerializeInfo& i);
 };
 
@@ -1041,6 +609,11 @@ struct SnapshotData {
   SnapshotData() = default;
 };
 
+/**
+ * Environment is a per-isolate data structure that represents an execution
+ * environment. Each environment has a principal realm. An environment can
+ * create multiple subsidiary synthetic realms.
+ */
 class Environment : public MemoryRetainer {
  public:
   Environment(const Environment&) = delete;
@@ -1055,7 +628,6 @@ class Environment : public MemoryRetainer {
   void MemoryInfo(MemoryTracker* tracker) const override;
 
   EnvSerializeInfo Serialize(v8::SnapshotCreator* creator);
-  void CreateProperties();
   void DeserializeProperties(const EnvSerializeInfo* info);
 
   void PrintInfoForSnapshotIfDebug();
@@ -1078,10 +650,6 @@ class Environment : public MemoryRetainer {
       std::unique_ptr<inspector::ParentInspectorHandle> parent_handle);
 #endif
 
-  v8::MaybeLocal<v8::Value> BootstrapInternalLoaders();
-  v8::MaybeLocal<v8::Value> BootstrapNode();
-  v8::MaybeLocal<v8::Value> RunBootstrapping();
-
   inline size_t async_callback_scope_depth() const;
   inline void PushAsyncCallbackScope();
   inline void PopAsyncCallbackScope();
@@ -1125,7 +693,7 @@ class Environment : public MemoryRetainer {
               ThreadId thread_id);
   void InitializeMainContext(v8::Local<v8::Context> context,
                              const EnvSerializeInfo* env_info);
-  // Create an Environment and initialize the provided main context for it.
+  // Create an Environment and initialize the provided principal context for it.
   Environment(IsolateData* isolate_data,
               v8::Local<v8::Context> context,
               const std::vector<std::string>& args,
@@ -1162,7 +730,9 @@ class Environment : public MemoryRetainer {
   template <typename T, typename OnCloseCallback>
   inline void CloseHandle(T* handle, OnCloseCallback callback);
 
-  void AssignToContext(v8::Local<v8::Context> context, const ContextInfo& info);
+  void AssignToContext(v8::Local<v8::Context> context,
+                       Realm* realm,
+                       const ContextInfo& info);
 
   void StartProfilerIdleNotifier();
 
@@ -1267,8 +837,8 @@ class Environment : public MemoryRetainer {
   // as Workers aren't directly associated with their own libuv handles.
   void add_refs(int64_t diff);
 
+  // Convenient getter of the principal realm's has_run_bootstrapping_code().
   inline bool has_run_bootstrapping_code() const;
-  inline void DoneBootstrapping();
 
   inline bool has_serialized_options() const;
   inline void set_has_serialized_options(bool has_serialized_options);
@@ -1326,7 +896,7 @@ class Environment : public MemoryRetainer {
   v8::MaybeLocal<v8::Value> RunSnapshotDeserializeCallback() const;
   v8::MaybeLocal<v8::Value> RunSnapshotDeserializeMain() const;
 
-  // Strings and private symbols are shared across shared contexts
+  // Primitive values are shared across realms.
   // The getters simply proxy to the per-isolate primitive.
 #define VP(PropertyName, StringValue) V(v8::Private, PropertyName)
 #define VY(PropertyName, StringValue) V(v8::Symbol, PropertyName)
@@ -1345,10 +915,17 @@ class Environment : public MemoryRetainer {
   inline v8::Local<TypeName> PropertyName() const;                            \
   inline void set_ ## PropertyName(v8::Local<TypeName> value);
   PER_ISOLATE_TEMPLATE_PROPERTIES(V)
-  ENVIRONMENT_STRONG_PERSISTENT_VALUES(V)
+  // Per-realm strong persistent values of the principal realm.
+  // Get/set the value with an explicit realm instead when possible.
+  // Deprecate soon.
+  PER_REALM_STRONG_PERSISTENT_VALUES(V)
 #undef V
 
+  // Return the context of the principal realm.
+  // Get the context with an explicit realm instead when possible.
+  // Deprecate soon.
   inline v8::Local<v8::Context> context() const;
+  inline Realm* principal_realm() const;
 
 #if HAVE_INSPECTOR
   inline inspector::Agent* inspector_agent() const {
@@ -1432,9 +1009,15 @@ class Environment : public MemoryRetainer {
   // no memory leaks caused by BaseObjects staying alive longer than expected
   // (in particular, no circular BaseObjectPtr references).
   inline void modify_base_object_count(int64_t delta);
-  inline int64_t base_object_created_after_bootstrap() const;
   inline int64_t base_object_count() const;
 
+  // Base object count created in bootstrap of the principal realm.
+  // This adjusts the return value of base_object_created_after_bootstrap() so
+  // that tests that check the count do not have to account for internally
+  // created BaseObjects.
+  inline void set_base_object_created_by_bootstrap(int64_t count);
+  inline int64_t base_object_created_after_bootstrap() const;
+
   inline int32_t stack_trace_limit() const { return 10; }
 
 #if HAVE_INSPECTOR
@@ -1567,7 +1150,6 @@ class Environment : public MemoryRetainer {
   double time_origin_timestamp_;
   std::unique_ptr<performance::PerformanceState> performance_state_;
 
-  bool has_run_bootstrapping_code_ = false;
   bool has_serialized_options_ = false;
 
   std::atomic_bool can_call_into_js_ { true };
@@ -1642,11 +1224,7 @@ class Environment : public MemoryRetainer {
   std::function<void(Environment*, int)> process_exit_handler_ {
       DefaultProcessExitHandler };
 
-#define V(PropertyName, TypeName) v8::Global<TypeName> PropertyName ## _;
-  ENVIRONMENT_STRONG_PERSISTENT_VALUES(V)
-#undef V
-
-  v8::Global<v8::Context> context_;
+  std::unique_ptr<Realm> principal_realm_ = nullptr;
 
   // Keeps the main script source alive is one was passed to LoadEnvironment().
   // We should probably find a way to just use plain `v8::String`s created from
diff --git a/src/env_properties.h b/src/env_properties.h
new file mode 100644
index 00000000000000..e650e4926fb3df
--- /dev/null
+++ b/src/env_properties.h
@@ -0,0 +1,433 @@
+#ifndef SRC_ENV_PROPERTIES_H_
+#define SRC_ENV_PROPERTIES_H_
+
+#if defined(NODE_WANT_INTERNALS) && NODE_WANT_INTERNALS
+
+// PER_ISOLATE_* macros: We have a lot of per-isolate properties
+// and adding and maintaining their getters and setters by hand would be
+// difficult so let's make the preprocessor generate them for us.
+//
+// In each macro, `V` is expected to be the name of a macro or function which
+// accepts the number of arguments provided in each tuple in the macro body,
+// typically two. The named function will be invoked against each tuple.
+//
+// Make sure that any macro V defined for use with the PER_ISOLATE_* macros is
+// undefined again after use.
+
+// Private symbols are per-isolate primitives but Environment proxies them
+// for the sake of convenience.  Strings should be ASCII-only and have a
+// "node:" prefix to avoid name clashes with third-party code.
+#define PER_ISOLATE_PRIVATE_SYMBOL_PROPERTIES(V)                               \
+  V(alpn_buffer_private_symbol, "node:alpnBuffer")                             \
+  V(arrow_message_private_symbol, "node:arrowMessage")                         \
+  V(contextify_context_private_symbol, "node:contextify:context")              \
+  V(contextify_global_private_symbol, "node:contextify:global")                \
+  V(decorated_private_symbol, "node:decorated")                                \
+  V(napi_type_tag, "node:napi:type_tag")                                       \
+  V(napi_wrapper, "node:napi:wrapper")                                         \
+  V(untransferable_object_private_symbol, "node:untransferableObject")         \
+  V(exiting_aliased_Uint32Array, "node:exiting_aliased_Uint32Array")
+
+// Symbols are per-isolate primitives but Environment proxies them
+// for the sake of convenience.
+#define PER_ISOLATE_SYMBOL_PROPERTIES(V)                                       \
+  V(async_id_symbol, "async_id_symbol")                                        \
+  V(handle_onclose_symbol, "handle_onclose")                                   \
+  V(no_message_symbol, "no_message_symbol")                                    \
+  V(messaging_deserialize_symbol, "messaging_deserialize_symbol")              \
+  V(messaging_transfer_symbol, "messaging_transfer_symbol")                    \
+  V(messaging_clone_symbol, "messaging_clone_symbol")                          \
+  V(messaging_transfer_list_symbol, "messaging_transfer_list_symbol")          \
+  V(oninit_symbol, "oninit")                                                   \
+  V(owner_symbol, "owner_symbol")                                              \
+  V(onpskexchange_symbol, "onpskexchange")                                     \
+  V(resource_symbol, "resource_symbol")                                        \
+  V(trigger_async_id_symbol, "trigger_async_id_symbol")
+
+// Strings are per-isolate primitives but Environment proxies them
+// for the sake of convenience.  Strings should be ASCII-only.
+#define PER_ISOLATE_STRING_PROPERTIES(V)                                       \
+  V(ack_string, "ack")                                                         \
+  V(address_string, "address")                                                 \
+  V(aliases_string, "aliases")                                                 \
+  V(args_string, "args")                                                       \
+  V(asn1curve_string, "asn1Curve")                                             \
+  V(async_ids_stack_string, "async_ids_stack")                                 \
+  V(bits_string, "bits")                                                       \
+  V(block_list_string, "blockList")                                            \
+  V(buffer_string, "buffer")                                                   \
+  V(bytes_parsed_string, "bytesParsed")                                        \
+  V(bytes_read_string, "bytesRead")                                            \
+  V(bytes_written_string, "bytesWritten")                                      \
+  V(cached_data_produced_string, "cachedDataProduced")                         \
+  V(cached_data_rejected_string, "cachedDataRejected")                         \
+  V(cached_data_string, "cachedData")                                          \
+  V(cache_key_string, "cacheKey")                                              \
+  V(change_string, "change")                                                   \
+  V(channel_string, "channel")                                                 \
+  V(chunks_sent_since_last_write_string, "chunksSentSinceLastWrite")           \
+  V(clone_unsupported_type_str, "Cannot transfer object of unsupported type.") \
+  V(code_string, "code")                                                       \
+  V(commonjs_string, "commonjs")                                               \
+  V(config_string, "config")                                                   \
+  V(constants_string, "constants")                                             \
+  V(crypto_dh_string, "dh")                                                    \
+  V(crypto_dsa_string, "dsa")                                                  \
+  V(crypto_ec_string, "ec")                                                    \
+  V(crypto_ed25519_string, "ed25519")                                          \
+  V(crypto_ed448_string, "ed448")                                              \
+  V(crypto_x25519_string, "x25519")                                            \
+  V(crypto_x448_string, "x448")                                                \
+  V(crypto_rsa_string, "rsa")                                                  \
+  V(crypto_rsa_pss_string, "rsa-pss")                                          \
+  V(cwd_string, "cwd")                                                         \
+  V(data_string, "data")                                                       \
+  V(default_is_true_string, "defaultIsTrue")                                   \
+  V(deserialize_info_string, "deserializeInfo")                                \
+  V(dest_string, "dest")                                                       \
+  V(destroyed_string, "destroyed")                                             \
+  V(detached_string, "detached")                                               \
+  V(dh_string, "DH")                                                           \
+  V(divisor_length_string, "divisorLength")                                    \
+  V(dns_a_string, "A")                                                         \
+  V(dns_aaaa_string, "AAAA")                                                   \
+  V(dns_caa_string, "CAA")                                                     \
+  V(dns_critical_string, "critical")                                           \
+  V(dns_cname_string, "CNAME")                                                 \
+  V(dns_mx_string, "MX")                                                       \
+  V(dns_naptr_string, "NAPTR")                                                 \
+  V(dns_ns_string, "NS")                                                       \
+  V(dns_ptr_string, "PTR")                                                     \
+  V(dns_soa_string, "SOA")                                                     \
+  V(dns_srv_string, "SRV")                                                     \
+  V(dns_txt_string, "TXT")                                                     \
+  V(done_string, "done")                                                       \
+  V(duration_string, "duration")                                               \
+  V(ecdh_string, "ECDH")                                                       \
+  V(emit_string, "emit")                                                       \
+  V(emit_warning_string, "emitWarning")                                        \
+  V(empty_object_string, "{}")                                                 \
+  V(encoding_string, "encoding")                                               \
+  V(entries_string, "entries")                                                 \
+  V(entry_type_string, "entryType")                                            \
+  V(env_pairs_string, "envPairs")                                              \
+  V(env_var_settings_string, "envVarSettings")                                 \
+  V(errno_string, "errno")                                                     \
+  V(error_string, "error")                                                     \
+  V(exchange_string, "exchange")                                               \
+  V(exit_code_string, "exitCode")                                              \
+  V(expire_string, "expire")                                                   \
+  V(exponent_string, "exponent")                                               \
+  V(exports_string, "exports")                                                 \
+  V(ext_key_usage_string, "ext_key_usage")                                     \
+  V(external_stream_string, "_externalStream")                                 \
+  V(family_string, "family")                                                   \
+  V(fatal_exception_string, "_fatalException")                                 \
+  V(fd_string, "fd")                                                           \
+  V(fields_string, "fields")                                                   \
+  V(file_string, "file")                                                       \
+  V(filename_string, "filename")                                               \
+  V(fingerprint256_string, "fingerprint256")                                   \
+  V(fingerprint512_string, "fingerprint512")                                   \
+  V(fingerprint_string, "fingerprint")                                         \
+  V(flags_string, "flags")                                                     \
+  V(flowlabel_string, "flowlabel")                                             \
+  V(fragment_string, "fragment")                                               \
+  V(frames_received_string, "framesReceived")                                  \
+  V(frames_sent_string, "framesSent")                                          \
+  V(function_string, "function")                                               \
+  V(get_data_clone_error_string, "_getDataCloneError")                         \
+  V(get_shared_array_buffer_id_string, "_getSharedArrayBufferId")              \
+  V(gid_string, "gid")                                                         \
+  V(h2_string, "h2")                                                           \
+  V(handle_string, "handle")                                                   \
+  V(hash_algorithm_string, "hashAlgorithm")                                    \
+  V(help_text_string, "helpText")                                              \
+  V(homedir_string, "homedir")                                                 \
+  V(host_string, "host")                                                       \
+  V(hostmaster_string, "hostmaster")                                           \
+  V(http_1_1_string, "http/1.1")                                               \
+  V(id_string, "id")                                                           \
+  V(identity_string, "identity")                                               \
+  V(ignore_string, "ignore")                                                   \
+  V(infoaccess_string, "infoAccess")                                           \
+  V(inherit_string, "inherit")                                                 \
+  V(input_string, "input")                                                     \
+  V(internal_binding_string, "internalBinding")                                \
+  V(internal_string, "internal")                                               \
+  V(ipv4_string, "IPv4")                                                       \
+  V(ipv6_string, "IPv6")                                                       \
+  V(isclosing_string, "isClosing")                                             \
+  V(issuer_string, "issuer")                                                   \
+  V(issuercert_string, "issuerCertificate")                                    \
+  V(jwk_crv_string, "crv")                                                     \
+  V(jwk_d_string, "d")                                                         \
+  V(jwk_dp_string, "dp")                                                       \
+  V(jwk_dq_string, "dq")                                                       \
+  V(jwk_dsa_string, "DSA")                                                     \
+  V(jwk_e_string, "e")                                                         \
+  V(jwk_ec_string, "EC")                                                       \
+  V(jwk_g_string, "g")                                                         \
+  V(jwk_k_string, "k")                                                         \
+  V(jwk_p_string, "p")                                                         \
+  V(jwk_q_string, "q")                                                         \
+  V(jwk_qi_string, "qi")                                                       \
+  V(jwk_kty_string, "kty")                                                     \
+  V(jwk_n_string, "n")                                                         \
+  V(jwk_oct_string, "oct")                                                     \
+  V(jwk_okp_string, "OKP")                                                     \
+  V(jwk_rsa_string, "RSA")                                                     \
+  V(jwk_x_string, "x")                                                         \
+  V(jwk_y_string, "y")                                                         \
+  V(kill_signal_string, "killSignal")                                          \
+  V(kind_string, "kind")                                                       \
+  V(length_string, "length")                                                   \
+  V(library_string, "library")                                                 \
+  V(mac_string, "mac")                                                         \
+  V(max_buffer_string, "maxBuffer")                                            \
+  V(max_concurrent_streams_string, "maxConcurrentStreams")                     \
+  V(message_port_constructor_string, "MessagePort")                            \
+  V(message_port_string, "messagePort")                                        \
+  V(message_string, "message")                                                 \
+  V(messageerror_string, "messageerror")                                       \
+  V(mgf1_hash_algorithm_string, "mgf1HashAlgorithm")                           \
+  V(minttl_string, "minttl")                                                   \
+  V(module_string, "module")                                                   \
+  V(modulus_string, "modulus")                                                 \
+  V(modulus_length_string, "modulusLength")                                    \
+  V(name_string, "name")                                                       \
+  V(named_curve_string, "namedCurve")                                          \
+  V(netmask_string, "netmask")                                                 \
+  V(next_string, "next")                                                       \
+  V(nistcurve_string, "nistCurve")                                             \
+  V(node_string, "node")                                                       \
+  V(nsname_string, "nsname")                                                   \
+  V(object_string, "Object")                                                   \
+  V(ocsp_request_string, "OCSPRequest")                                        \
+  V(oncertcb_string, "oncertcb")                                               \
+  V(onchange_string, "onchange")                                               \
+  V(onclienthello_string, "onclienthello")                                     \
+  V(oncomplete_string, "oncomplete")                                           \
+  V(onconnection_string, "onconnection")                                       \
+  V(ondone_string, "ondone")                                                   \
+  V(onerror_string, "onerror")                                                 \
+  V(onexit_string, "onexit")                                                   \
+  V(onhandshakedone_string, "onhandshakedone")                                 \
+  V(onhandshakestart_string, "onhandshakestart")                               \
+  V(onkeylog_string, "onkeylog")                                               \
+  V(onmessage_string, "onmessage")                                             \
+  V(onnewsession_string, "onnewsession")                                       \
+  V(onocspresponse_string, "onocspresponse")                                   \
+  V(onreadstart_string, "onreadstart")                                         \
+  V(onreadstop_string, "onreadstop")                                           \
+  V(onshutdown_string, "onshutdown")                                           \
+  V(onsignal_string, "onsignal")                                               \
+  V(onunpipe_string, "onunpipe")                                               \
+  V(onwrite_string, "onwrite")                                                 \
+  V(openssl_error_stack, "opensslErrorStack")                                  \
+  V(options_string, "options")                                                 \
+  V(order_string, "order")                                                     \
+  V(output_string, "output")                                                   \
+  V(overlapped_string, "overlapped")                                           \
+  V(parse_error_string, "Parse Error")                                         \
+  V(password_string, "password")                                               \
+  V(path_string, "path")                                                       \
+  V(pending_handle_string, "pendingHandle")                                    \
+  V(pid_string, "pid")                                                         \
+  V(ping_rtt_string, "pingRTT")                                                \
+  V(pipe_source_string, "pipeSource")                                          \
+  V(pipe_string, "pipe")                                                       \
+  V(pipe_target_string, "pipeTarget")                                          \
+  V(port1_string, "port1")                                                     \
+  V(port2_string, "port2")                                                     \
+  V(port_string, "port")                                                       \
+  V(preference_string, "preference")                                           \
+  V(primordials_string, "primordials")                                         \
+  V(priority_string, "priority")                                               \
+  V(process_string, "process")                                                 \
+  V(promise_string, "promise")                                                 \
+  V(psk_string, "psk")                                                         \
+  V(pubkey_string, "pubkey")                                                   \
+  V(public_exponent_string, "publicExponent")                                  \
+  V(query_string, "query")                                                     \
+  V(rate_string, "rate")                                                       \
+  V(raw_string, "raw")                                                         \
+  V(read_host_object_string, "_readHostObject")                                \
+  V(readable_string, "readable")                                               \
+  V(reason_string, "reason")                                                   \
+  V(refresh_string, "refresh")                                                 \
+  V(regexp_string, "regexp")                                                   \
+  V(rename_string, "rename")                                                   \
+  V(replacement_string, "replacement")                                         \
+  V(require_string, "require")                                                 \
+  V(retry_string, "retry")                                                     \
+  V(salt_length_string, "saltLength")                                          \
+  V(scheme_string, "scheme")                                                   \
+  V(scopeid_string, "scopeid")                                                 \
+  V(serial_number_string, "serialNumber")                                      \
+  V(serial_string, "serial")                                                   \
+  V(servername_string, "servername")                                           \
+  V(service_string, "service")                                                 \
+  V(session_id_string, "sessionId")                                            \
+  V(shell_string, "shell")                                                     \
+  V(signal_string, "signal")                                                   \
+  V(sink_string, "sink")                                                       \
+  V(size_string, "size")                                                       \
+  V(sni_context_err_string, "Invalid SNI context")                             \
+  V(sni_context_string, "sni_context")                                         \
+  V(source_string, "source")                                                   \
+  V(stack_string, "stack")                                                     \
+  V(standard_name_string, "standardName")                                      \
+  V(start_time_string, "startTime")                                            \
+  V(state_string, "state")                                                     \
+  V(stats_string, "stats")                                                     \
+  V(status_string, "status")                                                   \
+  V(stdio_string, "stdio")                                                     \
+  V(stream_average_duration_string, "streamAverageDuration")                   \
+  V(stream_count_string, "streamCount")                                        \
+  V(subject_string, "subject")                                                 \
+  V(subjectaltname_string, "subjectaltname")                                   \
+  V(syscall_string, "syscall")                                                 \
+  V(target_string, "target")                                                   \
+  V(thread_id_string, "threadId")                                              \
+  V(ticketkeycallback_string, "onticketkeycallback")                           \
+  V(timeout_string, "timeout")                                                 \
+  V(time_to_first_byte_string, "timeToFirstByte")                              \
+  V(time_to_first_byte_sent_string, "timeToFirstByteSent")                     \
+  V(time_to_first_header_string, "timeToFirstHeader")                          \
+  V(tls_ticket_string, "tlsTicket")                                            \
+  V(transfer_string, "transfer")                                               \
+  V(ttl_string, "ttl")                                                         \
+  V(type_string, "type")                                                       \
+  V(uid_string, "uid")                                                         \
+  V(unknown_string, "<unknown>")                                               \
+  V(url_special_ftp_string, "ftp:")                                            \
+  V(url_special_file_string, "file:")                                          \
+  V(url_special_http_string, "http:")                                          \
+  V(url_special_https_string, "https:")                                        \
+  V(url_special_ws_string, "ws:")                                              \
+  V(url_special_wss_string, "wss:")                                            \
+  V(url_string, "url")                                                         \
+  V(username_string, "username")                                               \
+  V(valid_from_string, "valid_from")                                           \
+  V(valid_to_string, "valid_to")                                               \
+  V(value_string, "value")                                                     \
+  V(verify_error_string, "verifyError")                                        \
+  V(version_string, "version")                                                 \
+  V(weight_string, "weight")                                                   \
+  V(windows_hide_string, "windowsHide")                                        \
+  V(windows_verbatim_arguments_string, "windowsVerbatimArguments")             \
+  V(wrap_string, "wrap")                                                       \
+  V(writable_string, "writable")                                               \
+  V(write_host_object_string, "_writeHostObject")                              \
+  V(write_queue_size_string, "writeQueueSize")                                 \
+  V(x_forwarded_string, "x-forwarded-for")                                     \
+  V(zero_return_string, "ZERO_RETURN")
+
+#define PER_ISOLATE_TEMPLATE_PROPERTIES(V)                                     \
+  V(async_wrap_ctor_template, v8::FunctionTemplate)                            \
+  V(async_wrap_object_ctor_template, v8::FunctionTemplate)                     \
+  V(base_object_ctor_template, v8::FunctionTemplate)                           \
+  V(binding_data_ctor_template, v8::FunctionTemplate)                          \
+  V(blob_constructor_template, v8::FunctionTemplate)                           \
+  V(blocklist_constructor_template, v8::FunctionTemplate)                      \
+  V(contextify_global_template, v8::ObjectTemplate)                            \
+  V(compiled_fn_entry_template, v8::ObjectTemplate)                            \
+  V(dir_instance_template, v8::ObjectTemplate)                                 \
+  V(fd_constructor_template, v8::ObjectTemplate)                               \
+  V(fdclose_constructor_template, v8::ObjectTemplate)                          \
+  V(filehandlereadwrap_template, v8::ObjectTemplate)                           \
+  V(fsreqpromise_constructor_template, v8::ObjectTemplate)                     \
+  V(handle_wrap_ctor_template, v8::FunctionTemplate)                           \
+  V(histogram_ctor_template, v8::FunctionTemplate)                             \
+  V(http2settings_constructor_template, v8::ObjectTemplate)                    \
+  V(http2stream_constructor_template, v8::ObjectTemplate)                      \
+  V(http2ping_constructor_template, v8::ObjectTemplate)                        \
+  V(i18n_converter_template, v8::ObjectTemplate)                               \
+  V(intervalhistogram_constructor_template, v8::FunctionTemplate)              \
+  V(libuv_stream_wrap_ctor_template, v8::FunctionTemplate)                     \
+  V(message_port_constructor_template, v8::FunctionTemplate)                   \
+  V(microtask_queue_ctor_template, v8::FunctionTemplate)                       \
+  V(pipe_constructor_template, v8::FunctionTemplate)                           \
+  V(promise_wrap_template, v8::ObjectTemplate)                                 \
+  V(sab_lifetimepartner_constructor_template, v8::FunctionTemplate)            \
+  V(script_context_constructor_template, v8::FunctionTemplate)                 \
+  V(secure_context_constructor_template, v8::FunctionTemplate)                 \
+  V(shutdown_wrap_template, v8::ObjectTemplate)                                \
+  V(socketaddress_constructor_template, v8::FunctionTemplate)                  \
+  V(streambaseoutputstream_constructor_template, v8::ObjectTemplate)           \
+  V(qlogoutputstream_constructor_template, v8::ObjectTemplate)                 \
+  V(tcp_constructor_template, v8::FunctionTemplate)                            \
+  V(tty_constructor_template, v8::FunctionTemplate)                            \
+  V(write_wrap_template, v8::ObjectTemplate)                                   \
+  V(worker_heap_snapshot_taker_template, v8::ObjectTemplate)                   \
+  V(x509_constructor_template, v8::FunctionTemplate)
+
+#define PER_REALM_STRONG_PERSISTENT_VALUES(V)                                  \
+  V(async_hooks_after_function, v8::Function)                                  \
+  V(async_hooks_before_function, v8::Function)                                 \
+  V(async_hooks_callback_trampoline, v8::Function)                             \
+  V(async_hooks_binding, v8::Object)                                           \
+  V(async_hooks_destroy_function, v8::Function)                                \
+  V(async_hooks_init_function, v8::Function)                                   \
+  V(async_hooks_promise_resolve_function, v8::Function)                        \
+  V(buffer_prototype_object, v8::Object)                                       \
+  V(crypto_key_object_constructor, v8::Function)                               \
+  V(crypto_key_object_handle_constructor, v8::Function)                        \
+  V(crypto_key_object_private_constructor, v8::Function)                       \
+  V(crypto_key_object_public_constructor, v8::Function)                        \
+  V(crypto_key_object_secret_constructor, v8::Function)                        \
+  V(domexception_function, v8::Function)                                       \
+  V(enhance_fatal_stack_after_inspector, v8::Function)                         \
+  V(enhance_fatal_stack_before_inspector, v8::Function)                        \
+  V(fs_use_promises_symbol, v8::Symbol)                                        \
+  V(get_source_map_error_source, v8::Function)                                 \
+  V(host_import_module_dynamically_callback, v8::Function)                     \
+  V(host_initialize_import_meta_object_callback, v8::Function)                 \
+  V(http2session_on_altsvc_function, v8::Function)                             \
+  V(http2session_on_error_function, v8::Function)                              \
+  V(http2session_on_frame_error_function, v8::Function)                        \
+  V(http2session_on_goaway_data_function, v8::Function)                        \
+  V(http2session_on_headers_function, v8::Function)                            \
+  V(http2session_on_origin_function, v8::Function)                             \
+  V(http2session_on_ping_function, v8::Function)                               \
+  V(http2session_on_priority_function, v8::Function)                           \
+  V(http2session_on_settings_function, v8::Function)                           \
+  V(http2session_on_stream_close_function, v8::Function)                       \
+  V(http2session_on_stream_trailers_function, v8::Function)                    \
+  V(internal_binding_loader, v8::Function)                                     \
+  V(immediate_callback_function, v8::Function)                                 \
+  V(inspector_console_extension_installer, v8::Function)                       \
+  V(inspector_disable_async_hooks, v8::Function)                               \
+  V(inspector_enable_async_hooks, v8::Function)                                \
+  V(maybe_cache_generated_source_map, v8::Function)                            \
+  V(messaging_deserialize_create_object, v8::Function)                         \
+  V(message_port, v8::Object)                                                  \
+  V(builtin_module_require, v8::Function)                                      \
+  V(performance_entry_callback, v8::Function)                                  \
+  V(performance_entry_template, v8::Function)                                  \
+  V(prepare_stack_trace_callback, v8::Function)                                \
+  V(process_object, v8::Object)                                                \
+  V(primordials, v8::Object)                                                   \
+  V(primordials_safe_map_prototype_object, v8::Object)                         \
+  V(primordials_safe_set_prototype_object, v8::Object)                         \
+  V(primordials_safe_weak_map_prototype_object, v8::Object)                    \
+  V(primordials_safe_weak_set_prototype_object, v8::Object)                    \
+  V(promise_hook_handler, v8::Function)                                        \
+  V(promise_reject_callback, v8::Function)                                     \
+  V(snapshot_serialize_callback, v8::Function)                                 \
+  V(snapshot_deserialize_callback, v8::Function)                               \
+  V(snapshot_deserialize_main, v8::Function)                                   \
+  V(source_map_cache_getter, v8::Function)                                     \
+  V(tick_callback_function, v8::Function)                                      \
+  V(timers_callback_function, v8::Function)                                    \
+  V(tls_wrap_constructor_function, v8::Function)                               \
+  V(trace_category_state_function, v8::Function)                               \
+  V(udp_constructor_function, v8::Function)                                    \
+  V(url_constructor_function, v8::Function)                                    \
+  V(wasm_streaming_compilation_impl, v8::Function)                             \
+  V(wasm_streaming_object_constructor, v8::Function)
+
+#endif  // defined(NODE_WANT_INTERNALS) && NODE_WANT_INTERNALS
+
+#endif  // SRC_ENV_PROPERTIES_H_
diff --git a/src/node.cc b/src/node.cc
index 2891c18bb9aa9a..c2bbfb737478aa 100644
--- a/src/node.cc
+++ b/src/node.cc
@@ -36,6 +36,7 @@
 #include "node_options-inl.h"
 #include "node_perf.h"
 #include "node_process-inl.h"
+#include "node_realm-inl.h"
 #include "node_report.h"
 #include "node_revert.h"
 #include "node_snapshot_builder.h"
@@ -124,13 +125,10 @@ namespace node {
 using builtins::BuiltinLoader;
 
 using v8::EscapableHandleScope;
-using v8::Function;
 using v8::Isolate;
 using v8::Local;
 using v8::MaybeLocal;
 using v8::Object;
-using v8::String;
-using v8::Undefined;
 using v8::V8;
 using v8::Value;
 
@@ -167,36 +165,6 @@ void SignalExit(int signo, siginfo_t* info, void* ucontext) {
 }
 #endif  // __POSIX__
 
-MaybeLocal<Value> ExecuteBootstrapper(Environment* env,
-                                      const char* id,
-                                      std::vector<Local<Value>>* arguments) {
-  EscapableHandleScope scope(env->isolate());
-  MaybeLocal<Function> maybe_fn =
-      BuiltinLoader::LookupAndCompile(env->context(), id, env);
-
-  Local<Function> fn;
-  if (!maybe_fn.ToLocal(&fn)) {
-    return MaybeLocal<Value>();
-  }
-
-  MaybeLocal<Value> result = fn->Call(env->context(),
-                                      Undefined(env->isolate()),
-                                      arguments->size(),
-                                      arguments->data());
-
-  // If there was an error during bootstrap, it must be unrecoverable
-  // (e.g. max call stack exceeded). Clear the stack so that the
-  // AsyncCallbackScope destructor doesn't fail on the id check.
-  // There are only two ways to have a stack size > 1: 1) the user manually
-  // called MakeCallback or 2) user awaited during bootstrap, which triggered
-  // _tickCallback().
-  if (result.IsEmpty()) {
-    env->async_hooks()->clear_async_id_stack();
-  }
-
-  return scope.EscapeMaybe(result);
-}
-
 #if HAVE_INSPECTOR
 int Environment::InitializeInspector(
     std::unique_ptr<inspector::ParentInspectorHandle> parent_handle) {
@@ -288,129 +256,11 @@ void Environment::InitializeDiagnostics() {
   }
 }
 
-MaybeLocal<Value> Environment::BootstrapInternalLoaders() {
-  EscapableHandleScope scope(isolate_);
-
-  // Arguments must match the parameters specified in
-  // BuiltinLoader::LookupAndCompile().
-  std::vector<Local<Value>> loaders_args = {
-      process_object(),
-      NewFunctionTemplate(isolate_, binding::GetLinkedBinding)
-          ->GetFunction(context())
-          .ToLocalChecked(),
-      NewFunctionTemplate(isolate_, binding::GetInternalBinding)
-          ->GetFunction(context())
-          .ToLocalChecked(),
-      primordials()};
-
-  // Bootstrap internal loaders
-  Local<Value> loader_exports;
-  if (!ExecuteBootstrapper(this, "internal/bootstrap/loaders", &loaders_args)
-           .ToLocal(&loader_exports)) {
-    return MaybeLocal<Value>();
-  }
-  CHECK(loader_exports->IsObject());
-  Local<Object> loader_exports_obj = loader_exports.As<Object>();
-  Local<Value> internal_binding_loader =
-      loader_exports_obj->Get(context(), internal_binding_string())
-          .ToLocalChecked();
-  CHECK(internal_binding_loader->IsFunction());
-  set_internal_binding_loader(internal_binding_loader.As<Function>());
-  Local<Value> require =
-      loader_exports_obj->Get(context(), require_string()).ToLocalChecked();
-  CHECK(require->IsFunction());
-  set_builtin_module_require(require.As<Function>());
-
-  return scope.Escape(loader_exports);
-}
-
-MaybeLocal<Value> Environment::BootstrapNode() {
-  EscapableHandleScope scope(isolate_);
-
-  // Arguments must match the parameters specified in
-  // BuiltinLoader::LookupAndCompile().
-  // process, require, internalBinding, primordials
-  std::vector<Local<Value>> node_args = {process_object(),
-                                         builtin_module_require(),
-                                         internal_binding_loader(),
-                                         primordials()};
-
-  MaybeLocal<Value> result =
-      ExecuteBootstrapper(this, "internal/bootstrap/node", &node_args);
-
-  if (result.IsEmpty()) {
-    return MaybeLocal<Value>();
-  }
-
-  if (!no_browser_globals()) {
-    result =
-        ExecuteBootstrapper(this, "internal/bootstrap/browser", &node_args);
-
-    if (result.IsEmpty()) {
-      return MaybeLocal<Value>();
-    }
-  }
-
-  // TODO(joyeecheung): skip these in the snapshot building for workers.
-  auto thread_switch_id =
-      is_main_thread() ? "internal/bootstrap/switches/is_main_thread"
-                       : "internal/bootstrap/switches/is_not_main_thread";
-  result = ExecuteBootstrapper(this, thread_switch_id, &node_args);
-
-  if (result.IsEmpty()) {
-    return MaybeLocal<Value>();
-  }
-
-  auto process_state_switch_id =
-      owns_process_state()
-          ? "internal/bootstrap/switches/does_own_process_state"
-          : "internal/bootstrap/switches/does_not_own_process_state";
-  result = ExecuteBootstrapper(this, process_state_switch_id, &node_args);
-
-  if (result.IsEmpty()) {
-    return MaybeLocal<Value>();
-  }
-
-  Local<String> env_string = FIXED_ONE_BYTE_STRING(isolate_, "env");
-  Local<Object> env_var_proxy;
-  if (!CreateEnvVarProxy(context(), isolate_).ToLocal(&env_var_proxy) ||
-      process_object()->Set(context(), env_string, env_var_proxy).IsNothing()) {
-    return MaybeLocal<Value>();
-  }
-
-  return scope.EscapeMaybe(result);
-}
-
-MaybeLocal<Value> Environment::RunBootstrapping() {
-  EscapableHandleScope scope(isolate_);
-
-  CHECK(!has_run_bootstrapping_code());
-
-  if (BootstrapInternalLoaders().IsEmpty()) {
-    return MaybeLocal<Value>();
-  }
-
-  Local<Value> result;
-  if (!BootstrapNode().ToLocal(&result)) {
-    return MaybeLocal<Value>();
-  }
-
-  // Make sure that no request or handle is created during bootstrap -
-  // if necessary those should be done in pre-execution.
-  // Usually, doing so would trigger the checks present in the ReqWrap and
-  // HandleWrap classes, so this is only a consistency check.
-  CHECK(req_wrap_queue()->IsEmpty());
-  CHECK(handle_wrap_queue()->IsEmpty());
-
-  DoneBootstrapping();
-
-  return scope.Escape(result);
-}
-
 static
 MaybeLocal<Value> StartExecution(Environment* env, const char* main_script_id) {
   EscapableHandleScope scope(env->isolate());
   CHECK_NOT_NULL(main_script_id);
+  Realm* realm = env->principal_realm();
 
   // Arguments must match the parameters specified in
   // BuiltinLoader::LookupAndCompile().
@@ -420,7 +270,7 @@ MaybeLocal<Value> StartExecution(Environment* env, const char* main_script_id) {
                                          env->primordials()};
 
   return scope.EscapeMaybe(
-      ExecuteBootstrapper(env, main_script_id, &arguments));
+      realm->ExecuteBootstrapper(main_script_id, &arguments));
 }
 
 MaybeLocal<Value> StartExecution(Environment* env, StartExecutionCallback cb) {
diff --git a/src/node_context_data.h b/src/node_context_data.h
index 3fe425bdf4cff6..4278a17f4b6ad0 100644
--- a/src/node_context_data.h
+++ b/src/node_context_data.h
@@ -36,11 +36,15 @@ namespace node {
 #define NODE_CONTEXT_CONTEXTIFY_CONTEXT_INDEX 37
 #endif
 
+#ifndef NODE_CONTEXT_REALM_INDEX
+#define NODE_CONTEXT_REALM_INDEX 38
+#endif
+
 // NODE_CONTEXT_TAG must be greater than any embedder indexes so that a single
 // check on the number of embedder data fields can assure the presence of all
 // embedder indexes.
 #ifndef NODE_CONTEXT_TAG
-#define NODE_CONTEXT_TAG 38
+#define NODE_CONTEXT_TAG 39
 #endif
 
 enum ContextEmbedderIndex {
@@ -51,6 +55,7 @@ enum ContextEmbedderIndex {
   kAllowCodeGenerationFromStrings =
       NODE_CONTEXT_ALLOW_CODE_GENERATION_FROM_STRINGS_INDEX,
   kContextifyContext = NODE_CONTEXT_CONTEXTIFY_CONTEXT_INDEX,
+  kRealm = NODE_CONTEXT_REALM_INDEX,
   kContextTag = NODE_CONTEXT_TAG,
 };
 
diff --git a/src/node_contextify.cc b/src/node_contextify.cc
index 6c7412c10ae469..c2cfe5071d0094 100644
--- a/src/node_contextify.cc
+++ b/src/node_contextify.cc
@@ -278,7 +278,7 @@ bool ContextifyContext::InitializeContext(Local<Context> ctx,
     }
   }
 
-  env->AssignToContext(ctx, info);
+  env->AssignToContext(ctx, nullptr, info);
 
   // This should only be done after the initial initializations of the context
   // global object is finished.
diff --git a/src/node_internals.h b/src/node_internals.h
index de81fbee07c30f..9cd89faca13159 100644
--- a/src/node_internals.h
+++ b/src/node_internals.h
@@ -307,10 +307,6 @@ v8::Isolate* NewIsolate(v8::Isolate::CreateParams* params,
 v8::MaybeLocal<v8::Value> StartExecution(Environment* env,
                                          StartExecutionCallback cb = nullptr);
 v8::MaybeLocal<v8::Object> GetPerContextExports(v8::Local<v8::Context> context);
-v8::MaybeLocal<v8::Value> ExecuteBootstrapper(
-    Environment* env,
-    const char* id,
-    std::vector<v8::Local<v8::Value>>* arguments);
 void MarkBootstrapComplete(const v8::FunctionCallbackInfo<v8::Value>& args);
 
 class InitializationResultImpl final : public InitializationResult {
diff --git a/src/node_main_instance.cc b/src/node_main_instance.cc
index 12d51743dddaca..2ec53a1b314d2d 100644
--- a/src/node_main_instance.cc
+++ b/src/node_main_instance.cc
@@ -8,6 +8,7 @@
 #include "node_external_reference.h"
 #include "node_internals.h"
 #include "node_options-inl.h"
+#include "node_realm.h"
 #include "node_snapshot_builder.h"
 #include "node_snapshotable.h"
 #include "node_v8_platform-inl.h"
@@ -181,7 +182,6 @@ NodeMainInstance::CreateMainEnvironment(int* exit_code) {
 #if HAVE_INSPECTOR
     env->InitializeInspector({});
 #endif
-    env->DoneBootstrapping();
 
 #if HAVE_OPENSSL
     crypto::InitCryptoOnce(isolate_);
@@ -200,7 +200,7 @@ NodeMainInstance::CreateMainEnvironment(int* exit_code) {
 #if HAVE_INSPECTOR
     env->InitializeInspector({});
 #endif
-    if (env->RunBootstrapping().IsEmpty()) {
+    if (env->principal_realm()->RunBootstrapping().IsEmpty()) {
       return nullptr;
     }
   }
diff --git a/src/node_process.h b/src/node_process.h
index 7f88228e4c8163..8abcd16ca606d6 100644
--- a/src/node_process.h
+++ b/src/node_process.h
@@ -12,6 +12,7 @@ namespace node {
 class Environment;
 class MemoryTracker;
 class ExternalReferenceRegistry;
+class Realm;
 
 v8::MaybeLocal<v8::Object> CreateEnvVarProxy(v8::Local<v8::Context> context,
                                              v8::Isolate* isolate);
@@ -41,7 +42,7 @@ v8::Maybe<bool> ProcessEmitDeprecationWarning(Environment* env,
                                               const char* warning,
                                               const char* deprecation_code);
 
-v8::MaybeLocal<v8::Object> CreateProcessObject(Environment* env);
+v8::MaybeLocal<v8::Object> CreateProcessObject(Realm* env);
 void PatchProcessObject(const v8::FunctionCallbackInfo<v8::Value>& args);
 
 namespace process {
diff --git a/src/node_process_object.cc b/src/node_process_object.cc
index 569c93ccb3128a..6822601a47d0be 100644
--- a/src/node_process_object.cc
+++ b/src/node_process_object.cc
@@ -5,6 +5,7 @@
 #include "node_metadata.h"
 #include "node_options-inl.h"
 #include "node_process-inl.h"
+#include "node_realm-inl.h"
 #include "node_revert.h"
 #include "util-inl.h"
 
@@ -77,13 +78,13 @@ static void GetParentProcessId(Local<Name> property,
   info.GetReturnValue().Set(uv_os_getppid());
 }
 
-MaybeLocal<Object> CreateProcessObject(Environment* env) {
-  Isolate* isolate = env->isolate();
+MaybeLocal<Object> CreateProcessObject(Realm* realm) {
+  Isolate* isolate = realm->isolate();
   EscapableHandleScope scope(isolate);
-  Local<Context> context = env->context();
+  Local<Context> context = realm->context();
 
   Local<FunctionTemplate> process_template = FunctionTemplate::New(isolate);
-  process_template->SetClassName(env->process_string());
+  process_template->SetClassName(realm->env()->process_string());
   Local<Function> process_ctor;
   Local<Object> process;
   if (!process_template->GetFunction(context).ToLocal(&process_ctor) ||
@@ -94,19 +95,18 @@ MaybeLocal<Object> CreateProcessObject(Environment* env) {
   // process[exiting_aliased_Uint32Array]
   if (process
           ->SetPrivate(context,
-                       env->exiting_aliased_Uint32Array(),
-                       env->exiting().GetJSArray())
+                       realm->env()->exiting_aliased_Uint32Array(),
+                       realm->env()->exiting().GetJSArray())
           .IsNothing()) {
     return {};
   }
 
   // process.version
-  READONLY_PROPERTY(process,
-                    "version",
-                    FIXED_ONE_BYTE_STRING(env->isolate(), NODE_VERSION));
+  READONLY_PROPERTY(
+      process, "version", FIXED_ONE_BYTE_STRING(isolate, NODE_VERSION));
 
   // process.versions
-  Local<Object> versions = Object::New(env->isolate());
+  Local<Object> versions = Object::New(isolate);
   READONLY_PROPERTY(process, "versions", versions);
 
 #define V(key)                                                                 \
@@ -124,7 +124,7 @@ MaybeLocal<Object> CreateProcessObject(Environment* env) {
   READONLY_STRING_PROPERTY(process, "platform", per_process::metadata.platform);
 
   // process.release
-  Local<Object> release = Object::New(env->isolate());
+  Local<Object> release = Object::New(isolate);
   READONLY_PROPERTY(process, "release", release);
   READONLY_STRING_PROPERTY(release, "name", per_process::metadata.release.name);
 #if NODE_VERSION_IS_LTS
diff --git a/src/node_realm-inl.h b/src/node_realm-inl.h
new file mode 100644
index 00000000000000..c50ba2ebcbc0ee
--- /dev/null
+++ b/src/node_realm-inl.h
@@ -0,0 +1,62 @@
+#ifndef SRC_NODE_REALM_INL_H_
+#define SRC_NODE_REALM_INL_H_
+
+#if defined(NODE_WANT_INTERNALS) && NODE_WANT_INTERNALS
+
+#include "node_realm.h"
+
+namespace node {
+
+inline Realm* Realm::GetCurrent(v8::Isolate* isolate) {
+  if (UNLIKELY(!isolate->InContext())) return nullptr;
+  v8::HandleScope handle_scope(isolate);
+  return GetCurrent(isolate->GetCurrentContext());
+}
+
+inline Realm* Realm::GetCurrent(v8::Local<v8::Context> context) {
+  if (UNLIKELY(!ContextEmbedderTag::IsNodeContext(context))) return nullptr;
+  return static_cast<Realm*>(
+      context->GetAlignedPointerFromEmbedderData(ContextEmbedderIndex::kRealm));
+}
+
+inline Realm* Realm::GetCurrent(
+    const v8::FunctionCallbackInfo<v8::Value>& info) {
+  return GetCurrent(info.GetIsolate()->GetCurrentContext());
+}
+
+template <typename T>
+inline Realm* Realm::GetCurrent(const v8::PropertyCallbackInfo<T>& info) {
+  return GetCurrent(info.GetIsolate()->GetCurrentContext());
+}
+
+inline Environment* Realm::env() const {
+  return env_;
+}
+
+inline v8::Isolate* Realm::isolate() const {
+  return isolate_;
+}
+
+inline bool Realm::has_run_bootstrapping_code() const {
+  return has_run_bootstrapping_code_;
+}
+
+#define V(PropertyName, TypeName)                                              \
+  inline v8::Local<TypeName> Realm::PropertyName() const {                     \
+    return PersistentToLocal::Strong(PropertyName##_);                         \
+  }                                                                            \
+  inline void Realm::set_##PropertyName(v8::Local<TypeName> value) {           \
+    PropertyName##_.Reset(isolate(), value);                                   \
+  }
+PER_REALM_STRONG_PERSISTENT_VALUES(V)
+#undef V
+
+v8::Local<v8::Context> Realm::context() const {
+  return PersistentToLocal::Strong(context_);
+}
+
+}  // namespace node
+
+#endif  // defined(NODE_WANT_INTERNALS) && NODE_WANT_INTERNALS
+
+#endif  // SRC_NODE_REALM_INL_H_
diff --git a/src/node_realm.cc b/src/node_realm.cc
new file mode 100644
index 00000000000000..dd045e43fdd533
--- /dev/null
+++ b/src/node_realm.cc
@@ -0,0 +1,308 @@
+#include "node_realm.h"
+#include "env-inl.h"
+
+#include "memory_tracker-inl.h"
+#include "node_builtins.h"
+#include "node_process.h"
+#include "util.h"
+
+namespace node {
+
+using builtins::BuiltinLoader;
+using v8::Context;
+using v8::EscapableHandleScope;
+using v8::Function;
+using v8::HandleScope;
+using v8::Local;
+using v8::MaybeLocal;
+using v8::Object;
+using v8::SnapshotCreator;
+using v8::String;
+using v8::Undefined;
+using v8::Value;
+
+Realm::Realm(Environment* env,
+             v8::Local<v8::Context> context,
+             const RealmSerializeInfo* realm_info)
+    : env_(env), isolate_(context->GetIsolate()) {
+  context_.Reset(isolate_, context);
+
+  // Create properties if not deserializing from snapshot.
+  // Or the properties are deserialized with DeserializeProperties() when the
+  // env drained the deserialize requests.
+  if (realm_info == nullptr) {
+    CreateProperties();
+  }
+}
+
+void Realm::MemoryInfo(MemoryTracker* tracker) const {
+#define V(PropertyName, TypeName)                                              \
+  tracker->TrackField(#PropertyName, PropertyName());
+  PER_REALM_STRONG_PERSISTENT_VALUES(V)
+#undef V
+
+  tracker->TrackField("env", env_);
+}
+
+void Realm::CreateProperties() {
+  HandleScope handle_scope(isolate_);
+  Local<Context> ctx = context();
+
+  // Store primordials setup by the per-context script in the environment.
+  Local<Object> per_context_bindings =
+      GetPerContextExports(ctx).ToLocalChecked();
+  Local<Value> primordials =
+      per_context_bindings->Get(ctx, env_->primordials_string())
+          .ToLocalChecked();
+  CHECK(primordials->IsObject());
+  set_primordials(primordials.As<Object>());
+
+  Local<String> prototype_string =
+      FIXED_ONE_BYTE_STRING(isolate(), "prototype");
+
+#define V(EnvPropertyName, PrimordialsPropertyName)                            \
+  {                                                                            \
+    Local<Value> ctor =                                                        \
+        primordials.As<Object>()                                               \
+            ->Get(ctx,                                                         \
+                  FIXED_ONE_BYTE_STRING(isolate(), PrimordialsPropertyName))   \
+            .ToLocalChecked();                                                 \
+    CHECK(ctor->IsObject());                                                   \
+    Local<Value> prototype =                                                   \
+        ctor.As<Object>()->Get(ctx, prototype_string).ToLocalChecked();        \
+    CHECK(prototype->IsObject());                                              \
+    set_##EnvPropertyName(prototype.As<Object>());                             \
+  }
+
+  V(primordials_safe_map_prototype_object, "SafeMap");
+  V(primordials_safe_set_prototype_object, "SafeSet");
+  V(primordials_safe_weak_map_prototype_object, "SafeWeakMap");
+  V(primordials_safe_weak_set_prototype_object, "SafeWeakSet");
+#undef V
+
+  // TODO(legendecas): some methods probably doesn't need to be created with
+  // process. Distinguish them and create process object only in the principal
+  // realm.
+  Local<Object> process_object =
+      node::CreateProcessObject(this).FromMaybe(Local<Object>());
+  set_process_object(process_object);
+}
+
+RealmSerializeInfo Realm::Serialize(SnapshotCreator* creator) {
+  RealmSerializeInfo info;
+  Local<Context> ctx = context();
+
+  uint32_t id = 0;
+#define V(PropertyName, TypeName)                                              \
+  do {                                                                         \
+    Local<TypeName> field = PropertyName();                                    \
+    if (!field.IsEmpty()) {                                                    \
+      size_t index = creator->AddData(ctx, field);                             \
+      info.persistent_values.push_back({#PropertyName, id, index});            \
+    }                                                                          \
+    id++;                                                                      \
+  } while (0);
+  PER_REALM_STRONG_PERSISTENT_VALUES(V)
+#undef V
+
+  info.context = creator->AddData(ctx, ctx);
+  return info;
+}
+
+void Realm::DeserializeProperties(const RealmSerializeInfo* info) {
+  Local<Context> ctx = context();
+
+  const std::vector<PropInfo>& values = info->persistent_values;
+  size_t i = 0;  // index to the array
+  uint32_t id = 0;
+#define V(PropertyName, TypeName)                                              \
+  do {                                                                         \
+    if (values.size() > i && id == values[i].id) {                             \
+      const PropInfo& d = values[i];                                           \
+      DCHECK_EQ(d.name, #PropertyName);                                        \
+      MaybeLocal<TypeName> maybe_field =                                       \
+          ctx->GetDataFromSnapshotOnce<TypeName>(d.index);                     \
+      Local<TypeName> field;                                                   \
+      if (!maybe_field.ToLocal(&field)) {                                      \
+        fprintf(stderr,                                                        \
+                "Failed to deserialize realm value " #PropertyName "\n");      \
+      }                                                                        \
+      set_##PropertyName(field);                                               \
+      i++;                                                                     \
+    }                                                                          \
+    id++;                                                                      \
+  } while (0);
+
+  PER_REALM_STRONG_PERSISTENT_VALUES(V);
+#undef V
+
+  MaybeLocal<Context> maybe_ctx_from_snapshot =
+      ctx->GetDataFromSnapshotOnce<Context>(info->context);
+  Local<Context> ctx_from_snapshot;
+  if (!maybe_ctx_from_snapshot.ToLocal(&ctx_from_snapshot)) {
+    fprintf(stderr,
+            "Failed to deserialize context back reference from the snapshot\n");
+  }
+  CHECK_EQ(ctx_from_snapshot, ctx);
+
+  DoneBootstrapping();
+}
+
+MaybeLocal<Value> Realm::ExecuteBootstrapper(
+    const char* id, std::vector<Local<Value>>* arguments) {
+  EscapableHandleScope scope(isolate());
+  Local<Context> ctx = context();
+  MaybeLocal<Function> maybe_fn =
+      BuiltinLoader::LookupAndCompile(ctx, id, env());
+
+  Local<Function> fn;
+  if (!maybe_fn.ToLocal(&fn)) {
+    return MaybeLocal<Value>();
+  }
+
+  MaybeLocal<Value> result =
+      fn->Call(ctx, Undefined(isolate()), arguments->size(), arguments->data());
+
+  // If there was an error during bootstrap, it must be unrecoverable
+  // (e.g. max call stack exceeded). Clear the stack so that the
+  // AsyncCallbackScope destructor doesn't fail on the id check.
+  // There are only two ways to have a stack size > 1: 1) the user manually
+  // called MakeCallback or 2) user awaited during bootstrap, which triggered
+  // _tickCallback().
+  if (result.IsEmpty()) {
+    env()->async_hooks()->clear_async_id_stack();
+  }
+
+  return scope.EscapeMaybe(result);
+}
+
+MaybeLocal<Value> Realm::BootstrapInternalLoaders() {
+  EscapableHandleScope scope(isolate_);
+
+  // Arguments must match the parameters specified in
+  // BuiltinLoader::LookupAndCompile().
+  std::vector<Local<Value>> loaders_args = {
+      process_object(),
+      NewFunctionTemplate(isolate_, binding::GetLinkedBinding)
+          ->GetFunction(context())
+          .ToLocalChecked(),
+      NewFunctionTemplate(isolate_, binding::GetInternalBinding)
+          ->GetFunction(context())
+          .ToLocalChecked(),
+      primordials()};
+
+  // Bootstrap internal loaders
+  Local<Value> loader_exports;
+  if (!ExecuteBootstrapper("internal/bootstrap/loaders", &loaders_args)
+           .ToLocal(&loader_exports)) {
+    return MaybeLocal<Value>();
+  }
+  CHECK(loader_exports->IsObject());
+  Local<Object> loader_exports_obj = loader_exports.As<Object>();
+  Local<Value> internal_binding_loader =
+      loader_exports_obj->Get(context(), env_->internal_binding_string())
+          .ToLocalChecked();
+  CHECK(internal_binding_loader->IsFunction());
+  set_internal_binding_loader(internal_binding_loader.As<Function>());
+  Local<Value> require =
+      loader_exports_obj->Get(context(), env_->require_string())
+          .ToLocalChecked();
+  CHECK(require->IsFunction());
+  set_builtin_module_require(require.As<Function>());
+
+  return scope.Escape(loader_exports);
+}
+
+MaybeLocal<Value> Realm::BootstrapNode() {
+  EscapableHandleScope scope(isolate_);
+
+  // Arguments must match the parameters specified in
+  // BuiltinLoader::LookupAndCompile().
+  // process, require, internalBinding, primordials
+  std::vector<Local<Value>> node_args = {process_object(),
+                                         builtin_module_require(),
+                                         internal_binding_loader(),
+                                         primordials()};
+
+  MaybeLocal<Value> result =
+      ExecuteBootstrapper("internal/bootstrap/node", &node_args);
+
+  if (result.IsEmpty()) {
+    return MaybeLocal<Value>();
+  }
+
+  if (!env_->no_browser_globals()) {
+    result = ExecuteBootstrapper("internal/bootstrap/browser", &node_args);
+
+    if (result.IsEmpty()) {
+      return MaybeLocal<Value>();
+    }
+  }
+
+  // TODO(joyeecheung): skip these in the snapshot building for workers.
+  auto thread_switch_id =
+      env_->is_main_thread() ? "internal/bootstrap/switches/is_main_thread"
+                             : "internal/bootstrap/switches/is_not_main_thread";
+  result = ExecuteBootstrapper(thread_switch_id, &node_args);
+
+  if (result.IsEmpty()) {
+    return MaybeLocal<Value>();
+  }
+
+  auto process_state_switch_id =
+      env_->owns_process_state()
+          ? "internal/bootstrap/switches/does_own_process_state"
+          : "internal/bootstrap/switches/does_not_own_process_state";
+  result = ExecuteBootstrapper(process_state_switch_id, &node_args);
+
+  if (result.IsEmpty()) {
+    return MaybeLocal<Value>();
+  }
+
+  Local<String> env_string = FIXED_ONE_BYTE_STRING(isolate_, "env");
+  Local<Object> env_var_proxy;
+  if (!CreateEnvVarProxy(context(), isolate_).ToLocal(&env_var_proxy) ||
+      process_object()->Set(context(), env_string, env_var_proxy).IsNothing()) {
+    return MaybeLocal<Value>();
+  }
+
+  return scope.EscapeMaybe(result);
+}
+
+MaybeLocal<Value> Realm::RunBootstrapping() {
+  EscapableHandleScope scope(isolate_);
+
+  CHECK(!has_run_bootstrapping_code());
+
+  if (BootstrapInternalLoaders().IsEmpty()) {
+    return MaybeLocal<Value>();
+  }
+
+  Local<Value> result;
+  if (!BootstrapNode().ToLocal(&result)) {
+    return MaybeLocal<Value>();
+  }
+
+  DoneBootstrapping();
+
+  return scope.Escape(result);
+}
+
+void Realm::DoneBootstrapping() {
+  has_run_bootstrapping_code_ = true;
+
+  // Make sure that no request or handle is created during bootstrap -
+  // if necessary those should be done in pre-execution.
+  // Usually, doing so would trigger the checks present in the ReqWrap and
+  // HandleWrap classes, so this is only a consistency check.
+
+  // TODO(legendecas): track req_wrap and handle_wrap by realms instead of
+  // environments.
+  CHECK(env_->req_wrap_queue()->IsEmpty());
+  CHECK(env_->handle_wrap_queue()->IsEmpty());
+
+  // TODO(legendecas): track base object count by realms.
+  env_->set_base_object_created_by_bootstrap(env_->base_object_count());
+}
+
+}  // namespace node
diff --git a/src/node_realm.h b/src/node_realm.h
new file mode 100644
index 00000000000000..afaaa66c9bdd2e
--- /dev/null
+++ b/src/node_realm.h
@@ -0,0 +1,100 @@
+#ifndef SRC_NODE_REALM_H_
+#define SRC_NODE_REALM_H_
+
+#if defined(NODE_WANT_INTERNALS) && NODE_WANT_INTERNALS
+
+#include <v8.h>
+#include "env_properties.h"
+#include "memory_tracker.h"
+#include "node_snapshotable.h"
+
+namespace node {
+
+struct RealmSerializeInfo {
+  std::vector<PropInfo> persistent_values;
+
+  SnapshotIndex context;
+  friend std::ostream& operator<<(std::ostream& o, const RealmSerializeInfo& i);
+};
+
+/**
+ * node::Realm is a container for a set of JavaScript objects and functions
+ * that associated with a particular global environment.
+ *
+ * An ECMAScript realm (https://tc39.es/ecma262/#sec-code-realms) representing
+ * a global environment in which script is run. Each ECMAScript realm comes
+ * with a global object and a set of intrinsic objects. An ECMAScript realm has
+ * a [[HostDefined]] field, which contains the node::Realm object.
+ *
+ * Realm can be a principal realm or a synthetic realm. A principal realm is
+ * created with an Environment as its principal global environment to evaluate
+ * scripts. A synthetic realm is created with JS APIs like ShadowRealm.
+ *
+ * Native bindings and builtin modules can be evaluated in either a principal
+ * realm or a synthetic realm.
+ */
+class Realm : public MemoryRetainer {
+ public:
+  static inline Realm* GetCurrent(v8::Isolate* isolate);
+  static inline Realm* GetCurrent(v8::Local<v8::Context> context);
+  static inline Realm* GetCurrent(
+      const v8::FunctionCallbackInfo<v8::Value>& info);
+  template <typename T>
+  static inline Realm* GetCurrent(const v8::PropertyCallbackInfo<T>& info);
+
+  Realm(Environment* env,
+        v8::Local<v8::Context> context,
+        const RealmSerializeInfo* realm_info);
+  ~Realm() = default;
+
+  Realm(const Realm&) = delete;
+  Realm& operator=(const Realm&) = delete;
+  Realm(Realm&&) = delete;
+  Realm& operator=(Realm&&) = delete;
+
+  SET_MEMORY_INFO_NAME(Realm)
+  SET_SELF_SIZE(Realm);
+  void MemoryInfo(MemoryTracker* tracker) const override;
+
+  void CreateProperties();
+  RealmSerializeInfo Serialize(v8::SnapshotCreator* creator);
+  void DeserializeProperties(const RealmSerializeInfo* info);
+
+  v8::MaybeLocal<v8::Value> ExecuteBootstrapper(
+      const char* id, std::vector<v8::Local<v8::Value>>* arguments);
+  v8::MaybeLocal<v8::Value> BootstrapInternalLoaders();
+  v8::MaybeLocal<v8::Value> BootstrapNode();
+  v8::MaybeLocal<v8::Value> RunBootstrapping();
+
+  inline Environment* env() const;
+  inline v8::Isolate* isolate() const;
+  inline v8::Local<v8::Context> context() const;
+  inline bool has_run_bootstrapping_code() const;
+
+#define V(PropertyName, TypeName)                                              \
+  inline v8::Local<TypeName> PropertyName() const;                             \
+  inline void set_##PropertyName(v8::Local<TypeName> value);
+  PER_REALM_STRONG_PERSISTENT_VALUES(V)
+#undef V
+
+ private:
+  void InitializeContext(v8::Local<v8::Context> context,
+                         const RealmSerializeInfo* realm_info);
+  void DoneBootstrapping();
+
+  Environment* env_;
+  // Shorthand for isolate pointer.
+  v8::Isolate* isolate_;
+  v8::Global<v8::Context> context_;
+  bool has_run_bootstrapping_code_ = false;
+
+#define V(PropertyName, TypeName) v8::Global<TypeName> PropertyName##_;
+  PER_REALM_STRONG_PERSISTENT_VALUES(V)
+#undef V
+};
+
+}  // namespace node
+
+#endif  // defined(NODE_WANT_INTERNALS) && NODE_WANT_INTERNALS
+
+#endif  // SRC_NODE_REALM_H_
diff --git a/src/node_snapshotable.cc b/src/node_snapshotable.cc
index 9aac5dd7f31d0c..f00aad3159ce2a 100644
--- a/src/node_snapshotable.cc
+++ b/src/node_snapshotable.cc
@@ -71,6 +71,69 @@ std::ostream& operator<<(std::ostream& output,
   return output;
 }
 
+std::ostream& operator<<(std::ostream& output,
+                         const std::vector<PropInfo>& vec) {
+  output << "{\n";
+  for (const auto& info : vec) {
+    output << "  " << info << ",\n";
+  }
+  output << "}";
+  return output;
+}
+
+std::ostream& operator<<(std::ostream& output, const PropInfo& info) {
+  output << "{ \"" << info.name << "\", " << std::to_string(info.id) << ", "
+         << std::to_string(info.index) << " }";
+  return output;
+}
+
+std::ostream& operator<<(std::ostream& output,
+                         const std::vector<std::string>& vec) {
+  output << "{\n";
+  for (const auto& info : vec) {
+    output << "  \"" << info << "\",\n";
+  }
+  output << "}";
+  return output;
+}
+
+std::ostream& operator<<(std::ostream& output, const RealmSerializeInfo& i) {
+  output << "{\n"
+         << "// -- persistent_values begins --\n"
+         << i.persistent_values << ",\n"
+         << "// -- persistent_values ends --\n"
+         << i.context << ",  // context\n"
+         << "}";
+  return output;
+}
+
+std::ostream& operator<<(std::ostream& output, const EnvSerializeInfo& i) {
+  output << "{\n"
+         << "// -- native_objects begins --\n"
+         << i.native_objects << ",\n"
+         << "// -- native_objects ends --\n"
+         << "// -- builtins begins --\n"
+         << i.builtins << ",\n"
+         << "// -- builtins ends --\n"
+         << "// -- async_hooks begins --\n"
+         << i.async_hooks << ",\n"
+         << "// -- async_hooks ends --\n"
+         << i.tick_info << ",  // tick_info\n"
+         << i.immediate_info << ",  // immediate_info\n"
+         << "// -- performance_state begins --\n"
+         << i.performance_state << ",\n"
+         << "// -- performance_state ends --\n"
+         << i.exiting << ",  // exiting\n"
+         << i.stream_base_state << ",  // stream_base_state\n"
+         << i.should_abort_on_uncaught_toggle
+         << ",  // should_abort_on_uncaught_toggle\n"
+         << "// -- principal_realm begins --\n"
+         << i.principal_realm << ",\n"
+         << "// -- principal_realm ends --\n"
+         << "}";
+  return output;
+}
+
 class FileIO {
  public:
   explicit FileIO(FILE* file)
@@ -637,6 +700,30 @@ size_t FileWriter::Write(const IsolateDataSerializeInfo& data) {
   return written_total;
 }
 
+template <>
+RealmSerializeInfo FileReader::Read() {
+  per_process::Debug(DebugCategory::MKSNAPSHOT, "Read<RealmSerializeInfo>()\n");
+  RealmSerializeInfo result;
+  result.persistent_values = ReadVector<PropInfo>();
+  result.context = Read<SnapshotIndex>();
+  return result;
+}
+
+template <>
+size_t FileWriter::Write(const RealmSerializeInfo& data) {
+  if (is_debug) {
+    std::string str = ToStr(data);
+    Debug("\nWrite<RealmSerializeInfo>() %s\n", str.c_str());
+  }
+
+  // Use += here to ensure order of evaluation.
+  size_t written_total = WriteVector<PropInfo>(data.persistent_values);
+  written_total += Write<SnapshotIndex>(data.context);
+
+  Debug("Write<RealmSerializeInfo>() wrote %d bytes\n", written_total);
+  return written_total;
+}
+
 template <>
 EnvSerializeInfo FileReader::Read() {
   per_process::Debug(DebugCategory::MKSNAPSHOT, "Read<EnvSerializeInfo>()\n");
@@ -651,8 +738,7 @@ EnvSerializeInfo FileReader::Read() {
   result.exiting = Read<AliasedBufferIndex>();
   result.stream_base_state = Read<AliasedBufferIndex>();
   result.should_abort_on_uncaught_toggle = Read<AliasedBufferIndex>();
-  result.persistent_values = ReadVector<PropInfo>();
-  result.context = Read<SnapshotIndex>();
+  result.principal_realm = Read<RealmSerializeInfo>();
   return result;
 }
 
@@ -675,8 +761,7 @@ size_t FileWriter::Write(const EnvSerializeInfo& data) {
   written_total += Write<AliasedBufferIndex>(data.stream_base_state);
   written_total +=
       Write<AliasedBufferIndex>(data.should_abort_on_uncaught_toggle);
-  written_total += WriteVector<PropInfo>(data.persistent_values);
-  written_total += Write<SnapshotIndex>(data.context);
+  written_total += Write<RealmSerializeInfo>(data.principal_realm);
 
   Debug("Write<EnvSerializeInfo>() wrote %d bytes\n", written_total);
   return written_total;
@@ -1072,7 +1157,7 @@ int SnapshotBuilder::Generate(SnapshotData* out,
                             {});
 
       // Run scripts in lib/internal/bootstrap/
-      if (env->RunBootstrapping().IsEmpty()) {
+      if (env->principal_realm()->RunBootstrapping().IsEmpty()) {
         return BOOTSTRAP_ERROR;
       }
       // If --build-snapshot is true, lib/internal/main/mksnapshot.js would be
diff --git a/src/node_snapshotable.h b/src/node_snapshotable.h
index d12aec586c7e12..6ff8c14898850f 100644
--- a/src/node_snapshotable.h
+++ b/src/node_snapshotable.h
@@ -14,6 +14,14 @@ struct EnvSerializeInfo;
 struct SnapshotData;
 class ExternalReferenceRegistry;
 
+using SnapshotIndex = size_t;
+
+struct PropInfo {
+  std::string name;     // name for debugging
+  uint32_t id;          // In the list - in case there are any empty entries
+  SnapshotIndex index;  // In the snapshot
+};
+
 #define SERIALIZABLE_OBJECT_TYPES(V)                                           \
   V(fs_binding_data, fs::BindingData)                                          \
   V(v8_binding_data, v8_utils::BindingData)                                    \
diff --git a/test/pummel/test-heapdump-env.js b/test/pummel/test-heapdump-env.js
index 7030271469c512..6089d961afbc66 100644
--- a/test/pummel/test-heapdump-env.js
+++ b/test/pummel/test-heapdump-env.js
@@ -16,8 +16,14 @@ const context = require('vm').createScript('const foo = 123');
 validateSnapshotNodes('Node / Environment', [{
   children: [
     { node_name: 'Node / cleanup_hooks', edge_name: 'cleanup_hooks' },
-    { node_name: 'process', edge_name: 'process_object' },
     { node_name: 'Node / IsolateData', edge_name: 'isolate_data' },
+    { node_name: 'Node / Realm', edge_name: 'principal_realm' },
+  ]
+}]);
+
+validateSnapshotNodes('Node / Realm', [{
+  children: [
+    { node_name: 'process', edge_name: 'process_object' },
   ]
 }]);