diff --git a/client/keys/output_test.go b/client/keys/output_test.go
index 9bc77841c51a..88361e74e8cd 100644
--- a/client/keys/output_test.go
+++ b/client/keys/output_test.go
@@ -45,6 +45,30 @@ func TestBech32KeysOutput(t *testing.T) {
 	require.Equal(t, "{Name:multisig Type:multi Address:cosmos1nf8lf6n4wa43rzmdzwe6hkrnw5guekhqt595cw PubKey:{\"@type\":\"/cosmos.crypto.multisig.LegacyAminoPubKey\",\"threshold\":1,\"public_keys\":[{\"@type\":\"/cosmos.crypto.secp256k1.PubKey\",\"key\":\"AurroA7jvfPd1AadmmOvWM2rJSwipXfRf8yD6pLbA2DJ\"}]} Mnemonic:}", fmt.Sprintf("%+v", out))
 }
 
+// TestBech32KeysOutputNestedMsig tests that the output of a nested multisig key is correct
+func TestBech32KeysOutputNestedMsig(t *testing.T) {
+	sk := secp256k1.PrivKey{Key: []byte{154, 49, 3, 117, 55, 232, 249, 20, 205, 216, 102, 7, 136, 72, 177, 2, 131, 202, 234, 81, 31, 208, 46, 244, 179, 192, 167, 163, 142, 117, 246, 13}}
+	tmpKey := sk.PubKey()
+	nestedMultiSig := kmultisig.NewLegacyAminoPubKey(1, []types.PubKey{tmpKey})
+	multisigPk := kmultisig.NewLegacyAminoPubKey(2, []types.PubKey{tmpKey, nestedMultiSig})
+	k, err := keyring.NewMultiRecord("multisig", multisigPk)
+	require.NotNil(t, k)
+	require.NoError(t, err)
+
+	pubKey, err := k.GetPubKey()
+	require.NoError(t, err)
+
+	accAddr := sdk.AccAddress(pubKey.Address())
+	expectedOutput, err := NewKeyOutput(k.Name, k.GetType(), accAddr, multisigPk, addresscodec.NewBech32Codec("cosmos"))
+	require.NoError(t, err)
+
+	out, err := MkAccKeyOutput(k, addresscodec.NewBech32Codec("cosmos"))
+	require.NoError(t, err)
+
+	require.Equal(t, expectedOutput, out)
+	require.Equal(t, "{Name:multisig Type:multi Address:cosmos13ytvp7lwj947gpa5gz0zmlr9drvkdcykk4lmcj PubKey:{\"@type\":\"/cosmos.crypto.multisig.LegacyAminoPubKey\",\"threshold\":2,\"public_keys\":[{\"@type\":\"/cosmos.crypto.secp256k1.PubKey\",\"key\":\"AurroA7jvfPd1AadmmOvWM2rJSwipXfRf8yD6pLbA2DJ\"},{\"@type\":\"/cosmos.crypto.multisig.LegacyAminoPubKey\",\"threshold\":1,\"public_keys\":[{\"@type\":\"/cosmos.crypto.secp256k1.PubKey\",\"key\":\"AurroA7jvfPd1AadmmOvWM2rJSwipXfRf8yD6pLbA2DJ\"}]}]} Mnemonic:}", fmt.Sprintf("%+v", out))
+}
+
 func TestProtoMarshalJSON(t *testing.T) {
 	require := require.New(t)
 	pubkeys := generatePubKeys(3)
diff --git a/crypto/keys/multisig/amino.go b/crypto/keys/multisig/amino.go
index 6ac90d0bdd11..17d3ba46a0d7 100644
--- a/crypto/keys/multisig/amino.go
+++ b/crypto/keys/multisig/amino.go
@@ -65,6 +65,16 @@ func tmToProto(tmPk tmMultisig) (*LegacyAminoPubKey, error) {
 	}, nil
 }
 
+// MarshalAmino overrides amino binary marshaling.
+func (m LegacyAminoPubKey) MarshalAmino() ([]byte, error) {
+	return m.Marshal()
+}
+
+// UnmarshalAmino overrides amino binary marshaling.
+func (m *LegacyAminoPubKey) UnmarshalAmino(bz []byte) error {
+	return m.Unmarshal(bz)
+}
+
 // MarshalAminoJSON overrides amino JSON unmarshaling.
 func (m LegacyAminoPubKey) MarshalAminoJSON() (tmMultisig, error) { //nolint:golint // we need to override the default amino JSON marshaling
 	return protoToTm(&m)
diff --git a/crypto/keys/multisig/multisig_test.go b/crypto/keys/multisig/multisig_test.go
index e8e75a61ab02..4f0b94745997 100644
--- a/crypto/keys/multisig/multisig_test.go
+++ b/crypto/keys/multisig/multisig_test.go
@@ -389,6 +389,21 @@ func TestAminoBinary(t *testing.T) {
 	require.Equal(t, msig.Threshold, newMsig.(*kmultisig.LegacyAminoPubKey).Threshold)
 }
 
+func TestAminoBinaryNested(t *testing.T) {
+	pubkeys := generatePubKeys(4)
+	nestedMsig := kmultisig.NewLegacyAminoPubKey(2, pubkeys[:2])
+	msig := kmultisig.NewLegacyAminoPubKey(2, []cryptotypes.PubKey{pubkeys[2], pubkeys[3], nestedMsig})
+
+	// Do a round-trip key->bytes->key.
+	bz, err := legacy.Cdc.Marshal(msig)
+	require.NoError(t, err)
+	var newMsig cryptotypes.PubKey
+	err = legacy.Cdc.Unmarshal(bz, &newMsig)
+	require.NoError(t, err)
+	require.Equal(t, msig.Threshold, newMsig.(*kmultisig.LegacyAminoPubKey).Threshold)
+	require.Equal(t, len(msig.PubKeys), len(newMsig.(*kmultisig.LegacyAminoPubKey).PubKeys))
+}
+
 func TestAminoMarshalJSON(t *testing.T) {
 	pubkeys := generatePubKeys(2)
 	multisigKey := kmultisig.NewLegacyAminoPubKey(2, pubkeys)