diff --git a/Source/Core/DiscIO/Blob.h b/Source/Core/DiscIO/Blob.h
index 3c4ea03307..52b083ab63 100644
--- a/Source/Core/DiscIO/Blob.h
+++ b/Source/Core/DiscIO/Blob.h
@@ -58,7 +58,7 @@ public:
   }
 
   virtual bool SupportsReadWiiDecrypted() const { return false; }
-  virtual bool ReadWiiDecrypted(u64 offset, u64 size, u8* out_ptr, u64 partition_offset)
+  virtual bool ReadWiiDecrypted(u64 offset, u64 size, u8* out_ptr, u64 partition_data_offset)
   {
     return false;
   }
diff --git a/Source/Core/DiscIO/CMakeLists.txt b/Source/Core/DiscIO/CMakeLists.txt
index bfeab923fb..279e72030d 100644
--- a/Source/Core/DiscIO/CMakeLists.txt
+++ b/Source/Core/DiscIO/CMakeLists.txt
@@ -39,6 +39,8 @@ add_library(discio
   VolumeWii.h
   WbfsBlob.cpp
   WbfsBlob.h
+  WiiEncryptionCache.cpp
+  WiiEncryptionCache.h
   WiiSaveBanner.cpp
   WiiSaveBanner.h
 )
diff --git a/Source/Core/DiscIO/DirectoryBlob.cpp b/Source/Core/DiscIO/DirectoryBlob.cpp
index 3df7b44256..77ca32d19b 100644
--- a/Source/Core/DiscIO/DirectoryBlob.cpp
+++ b/Source/Core/DiscIO/DirectoryBlob.cpp
@@ -27,8 +27,10 @@
 #include "Common/StringUtil.h"
 #include "Common/Swap.h"
 #include "Core/Boot/DolReader.h"
+#include "Core/IOS/ES/Formats.h"
 #include "DiscIO/Blob.h"
 #include "DiscIO/VolumeWii.h"
+#include "DiscIO/WiiEncryptionCache.h"
 
 namespace DiscIO
 {
@@ -70,6 +72,11 @@ DiscContent::DiscContent(u64 offset, u64 size, const u8* data)
 {
 }
 
+DiscContent::DiscContent(u64 offset, u64 size, DirectoryBlobReader* blob)
+    : m_offset(offset), m_size(size), m_content_source(blob)
+{
+}
+
 DiscContent::DiscContent(u64 offset) : m_offset(offset)
 {
 }
@@ -107,11 +114,21 @@ bool DiscContent::Read(u64* offset, u64* length, u8** buffer) const
       if (!file.Seek(offset_in_content, SEEK_SET) || !file.ReadBytes(*buffer, bytes_to_read))
         return false;
     }
-    else
+    else if (std::holds_alternative<const u8*>(m_content_source))
     {
       const u8* const content_pointer = std::get<const u8*>(m_content_source) + offset_in_content;
       std::copy(content_pointer, content_pointer + bytes_to_read, *buffer);
     }
+    else
+    {
+      DirectoryBlobReader* blob = std::get<DirectoryBlobReader*>(m_content_source);
+      const u64 decrypted_size = m_size * VolumeWii::BLOCK_DATA_SIZE / VolumeWii::BLOCK_TOTAL_SIZE;
+      if (!blob->EncryptPartitionData(offset_in_content, bytes_to_read, *buffer, m_offset,
+                                      decrypted_size))
+      {
+        return false;
+      }
+    }
 
     *length -= bytes_to_read;
     *buffer += bytes_to_read;
@@ -133,6 +150,12 @@ void DiscContentContainer::Add(u64 offset, u64 size, const u8* data)
     m_contents.emplace(offset, size, data);
 }
 
+void DiscContentContainer::Add(u64 offset, u64 size, DirectoryBlobReader* blob)
+{
+  if (size != 0)
+    m_contents.emplace(offset, size, blob);
+}
+
 u64 DiscContentContainer::CheckSizeAndAdd(u64 offset, const std::string& path)
 {
   const u64 size = File::GetSize(path);
@@ -332,6 +355,7 @@ std::unique_ptr<DirectoryBlobReader> DirectoryBlobReader::Create(const std::stri
 
 DirectoryBlobReader::DirectoryBlobReader(const std::string& game_partition_root,
                                          const std::string& true_root)
+    : m_encryption_cache(this)
 {
   DirectoryBlobPartition game_partition(game_partition_root, {});
   m_is_wii = game_partition.IsWii();
@@ -340,6 +364,7 @@ DirectoryBlobReader::DirectoryBlobReader(const std::string& game_partition_root,
   {
     m_gamecube_pseudopartition = std::move(game_partition);
     m_data_size = m_gamecube_pseudopartition.GetDataSize();
+    m_encrypted = false;
   }
   else
   {
@@ -377,7 +402,6 @@ bool DirectoryBlobReader::Read(u64 offset, u64 length, u8* buffer)
   if (offset + length > m_data_size)
     return false;
 
-  // TODO: We don't handle raw access to the encrypted area of Wii discs correctly.
   return (m_is_wii ? m_nonpartition_contents : m_gamecube_pseudopartition.GetContents())
       .Read(offset, length, buffer);
 }
@@ -387,12 +411,13 @@ bool DirectoryBlobReader::SupportsReadWiiDecrypted() const
   return m_is_wii;
 }
 
-bool DirectoryBlobReader::ReadWiiDecrypted(u64 offset, u64 size, u8* buffer, u64 partition_offset)
+bool DirectoryBlobReader::ReadWiiDecrypted(u64 offset, u64 size, u8* buffer,
+                                           u64 partition_data_offset)
 {
   if (!m_is_wii)
     return false;
 
-  auto it = m_partitions.find(partition_offset);
+  auto it = m_partitions.find(partition_data_offset);
   if (it == m_partitions.end())
     return false;
 
@@ -402,6 +427,21 @@ bool DirectoryBlobReader::ReadWiiDecrypted(u64 offset, u64 size, u8* buffer, u64
   return it->second.GetContents().Read(offset, size, buffer);
 }
 
+bool DirectoryBlobReader::EncryptPartitionData(u64 offset, u64 size, u8* buffer,
+                                               u64 partition_data_offset,
+                                               u64 partition_data_decrypted_size)
+{
+  auto it = m_partitions.find(partition_data_offset);
+  if (it == m_partitions.end())
+    return false;
+
+  if (!m_encrypted)
+    return it->second.GetContents().Read(offset, size, buffer);
+
+  return m_encryption_cache.EncryptGroups(offset, size, buffer, partition_data_offset,
+                                          partition_data_decrypted_size, it->second.GetKey());
+}
+
 BlobType DirectoryBlobReader::GetBlobType() const
 {
   return BlobType::DIRECTORY;
@@ -439,6 +479,9 @@ void DirectoryBlobReader::SetNonpartitionDiscHeader(const std::vector<u8>& parti
   if (header_bin_bytes_read < 0x61)
     m_disc_header_nonpartition[0x61] = 0;
 
+  m_encrypted = std::all_of(m_disc_header_nonpartition.data() + 0x60,
+                            m_disc_header_nonpartition.data() + 0x64, [](u8 x) { return x == 0; });
+
   m_nonpartition_contents.Add(NONPARTITION_DISCHEADER_ADDRESS, m_disc_header_nonpartition);
 }
 
@@ -511,12 +554,14 @@ void DirectoryBlobReader::SetPartitions(std::vector<PartitionWithType>&& partiti
     Write32(static_cast<u32>(partitions[i].type), offset_in_table, &m_partition_table);
     offset_in_table += 4;
 
-    SetPartitionHeader(partitions[i].partition, partition_address);
+    SetPartitionHeader(&partitions[i].partition, partition_address);
 
-    const u64 partition_data_size = partitions[i].partition.GetDataSize();
-    m_partitions.emplace(partition_address, std::move(partitions[i].partition));
+    const u64 data_size = partitions[i].partition.GetDataSize();
+    m_partitions.emplace(partition_address + PARTITION_DATA_OFFSET,
+                         std::move(partitions[i].partition));
+    m_nonpartition_contents.Add(partition_address + PARTITION_DATA_OFFSET, data_size, this);
     const u64 unaligned_next_partition_address = VolumeWii::EncryptedPartitionOffsetToRawOffset(
-        partition_data_size, Partition(partition_address), PARTITION_DATA_OFFSET);
+        data_size, Partition(partition_address), PARTITION_DATA_OFFSET);
     partition_address = Common::AlignUp(unaligned_next_partition_address, 0x10000ull);
   }
   m_data_size = partition_address;
@@ -526,7 +571,7 @@ void DirectoryBlobReader::SetPartitions(std::vector<PartitionWithType>&& partiti
 
 // This function sets the header that's shortly before the start of the encrypted
 // area, not the header that's right at the beginning of the encrypted area
-void DirectoryBlobReader::SetPartitionHeader(const DirectoryBlobPartition& partition,
+void DirectoryBlobReader::SetPartitionHeader(DirectoryBlobPartition* partition,
                                              u64 partition_address)
 {
   constexpr u32 TICKET_OFFSET = 0x0;
@@ -536,10 +581,10 @@ void DirectoryBlobReader::SetPartitionHeader(const DirectoryBlobPartition& parti
   constexpr u32 H3_OFFSET = 0x4000;
   constexpr u32 H3_SIZE = 0x18000;
 
-  const std::string& partition_root = partition.GetRootDirectory();
+  const std::string& partition_root = partition->GetRootDirectory();
 
-  m_nonpartition_contents.CheckSizeAndAdd(partition_address + TICKET_OFFSET, TICKET_SIZE,
-                                          partition_root + "ticket.bin");
+  const u64 ticket_size = m_nonpartition_contents.CheckSizeAndAdd(
+      partition_address + TICKET_OFFSET, TICKET_SIZE, partition_root + "ticket.bin");
 
   const u64 tmd_size = m_nonpartition_contents.CheckSizeAndAdd(
       partition_address + TMD_OFFSET, MAX_TMD_SIZE, partition_root + "tmd.bin");
@@ -553,7 +598,7 @@ void DirectoryBlobReader::SetPartitionHeader(const DirectoryBlobPartition& parti
                                           partition_root + "h3.bin");
 
   constexpr u32 PARTITION_HEADER_SIZE = 0x1c;
-  const u64 data_size = Common::AlignUp(partition.GetDataSize(), 0x7c00) / 0x7c00 * 0x8000;
+  const u64 data_size = Common::AlignUp(partition->GetDataSize(), 0x7c00) / 0x7c00 * 0x8000;
   m_partition_headers.emplace_back(PARTITION_HEADER_SIZE);
   std::vector<u8>& partition_header = m_partition_headers.back();
   Write32(static_cast<u32>(tmd_size), 0x0, &partition_header);
@@ -565,6 +610,13 @@ void DirectoryBlobReader::SetPartitionHeader(const DirectoryBlobPartition& parti
   Write32(static_cast<u32>(data_size >> 2), 0x18, &partition_header);
 
   m_nonpartition_contents.Add(partition_address + TICKET_SIZE, partition_header);
+
+  std::vector<u8> ticket_buffer(ticket_size);
+  m_nonpartition_contents.Read(partition_address + TICKET_OFFSET, ticket_size,
+                               ticket_buffer.data());
+  IOS::ES::TicketReader ticket(std::move(ticket_buffer));
+  if (ticket.IsValid())
+    partition->SetKey(ticket.GetTitleKey());
 }
 
 DirectoryBlobPartition::DirectoryBlobPartition(const std::string& root_directory,
diff --git a/Source/Core/DiscIO/DirectoryBlob.h b/Source/Core/DiscIO/DirectoryBlob.h
index 0b15c3f807..3a23f19a0c 100644
--- a/Source/Core/DiscIO/DirectoryBlob.h
+++ b/Source/Core/DiscIO/DirectoryBlob.h
@@ -4,6 +4,7 @@
 
 #pragma once
 
+#include <array>
 #include <cstddef>
 #include <map>
 #include <memory>
@@ -16,6 +17,7 @@
 #include "Common/CommonTypes.h"
 #include "Common/FileUtil.h"
 #include "DiscIO/Blob.h"
+#include "DiscIO/WiiEncryptionCache.h"
 
 namespace File
 {
@@ -27,16 +29,23 @@ namespace DiscIO
 {
 enum class PartitionType : u32;
 
+class DirectoryBlobReader;
+
 // Returns true if the path is inside a DirectoryBlob and doesn't represent the DirectoryBlob itself
 bool ShouldHideFromGameList(const std::string& volume_path);
 
 class DiscContent
 {
 public:
-  using ContentSource = std::variant<std::string, const u8*>;
+  using ContentSource =
+      std::variant<std::string,          // File
+                   const u8*,            // Memory
+                   DirectoryBlobReader*  // Partition (which one it is is determined by m_offset)
+                   >;
 
   DiscContent(u64 offset, u64 size, const std::string& path);
   DiscContent(u64 offset, u64 size, const u8* data);
+  DiscContent(u64 offset, u64 size, DirectoryBlobReader* blob);
 
   // Provided because it's convenient when searching for DiscContent in an std::set
   explicit DiscContent(u64 offset);
@@ -69,6 +78,7 @@ public:
   }
   void Add(u64 offset, u64 size, const std::string& path);
   void Add(u64 offset, u64 size, const u8* data);
+  void Add(u64 offset, u64 size, DirectoryBlobReader* blob);
   u64 CheckSizeAndAdd(u64 offset, const std::string& path);
   u64 CheckSizeAndAdd(u64 offset, u64 max_size, const std::string& path);
 
@@ -96,6 +106,9 @@ public:
   const std::vector<u8>& GetHeader() const { return m_disc_header; }
   const DiscContentContainer& GetContents() const { return m_contents; }
 
+  const std::array<u8, VolumeWii::AES_KEY_SIZE>& GetKey() const { return m_key; }
+  void SetKey(std::array<u8, VolumeWii::AES_KEY_SIZE> key) { m_key = key; }
+
 private:
   void SetDiscHeaderAndDiscType(std::optional<bool> is_wii);
   void SetBI2();
@@ -120,6 +133,8 @@ private:
   std::vector<u8> m_apploader;
   std::vector<u8> m_fst_data;
 
+  std::array<u8, VolumeWii::AES_KEY_SIZE> m_key;
+
   std::string m_root_directory;
   bool m_is_wii = false;
   // GameCube has no shift, Wii has 2 bit shift
@@ -130,6 +145,8 @@ private:
 
 class DirectoryBlobReader : public BlobReader
 {
+  friend DiscContent;
+
 public:
   static std::unique_ptr<DirectoryBlobReader> Create(const std::string& dol_path);
 
@@ -141,7 +158,7 @@ public:
 
   bool Read(u64 offset, u64 length, u8* buffer) override;
   bool SupportsReadWiiDecrypted() const override;
-  bool ReadWiiDecrypted(u64 offset, u64 size, u8* buffer, u64 partition_offset) override;
+  bool ReadWiiDecrypted(u64 offset, u64 size, u8* buffer, u64 partition_data_offset) override;
 
   BlobType GetBlobType() const override;
   u64 GetRawSize() const override;
@@ -163,11 +180,14 @@ private:
   explicit DirectoryBlobReader(const std::string& game_partition_root,
                                const std::string& true_root);
 
+  bool EncryptPartitionData(u64 offset, u64 size, u8* buffer, u64 partition_data_offset,
+                            u64 partition_data_decrypted_size);
+
   void SetNonpartitionDiscHeader(const std::vector<u8>& partition_header,
                                  const std::string& game_partition_root);
   void SetWiiRegionData(const std::string& game_partition_root);
   void SetPartitions(std::vector<PartitionWithType>&& partitions);
-  void SetPartitionHeader(const DirectoryBlobPartition& partition, u64 partition_address);
+  void SetPartitionHeader(DirectoryBlobPartition* partition, u64 partition_address);
 
   // For GameCube:
   DirectoryBlobPartition m_gamecube_pseudopartition;
@@ -175,8 +195,10 @@ private:
   // For Wii:
   DiscContentContainer m_nonpartition_contents;
   std::map<u64, DirectoryBlobPartition> m_partitions;
+  WiiEncryptionCache m_encryption_cache;
 
   bool m_is_wii;
+  bool m_encrypted;
 
   std::vector<u8> m_disc_header_nonpartition;
   std::vector<u8> m_partition_table;
diff --git a/Source/Core/DiscIO/DiscIO.vcxproj b/Source/Core/DiscIO/DiscIO.vcxproj
index 7b0cf20bce..dd322dbb62 100644
--- a/Source/Core/DiscIO/DiscIO.vcxproj
+++ b/Source/Core/DiscIO/DiscIO.vcxproj
@@ -64,6 +64,7 @@
     <ClCompile Include="VolumeWad.cpp" />
     <ClCompile Include="VolumeWii.cpp" />
     <ClCompile Include="WbfsBlob.cpp" />
+    <ClCompile Include="WiiEncryptionCache.cpp" />
     <ClCompile Include="WiiSaveBanner.cpp" />
   </ItemGroup>
   <ItemGroup>
@@ -87,6 +88,7 @@
     <ClInclude Include="VolumeWad.h" />
     <ClInclude Include="VolumeWii.h" />
     <ClInclude Include="WbfsBlob.h" />
+    <ClInclude Include="WiiEncryptionCache.h" />
     <ClInclude Include="WiiSaveBanner.h" />
   </ItemGroup>
   <ItemGroup>
diff --git a/Source/Core/DiscIO/DiscIO.vcxproj.filters b/Source/Core/DiscIO/DiscIO.vcxproj.filters
index 87fdbfadbc..5fb5891cfe 100644
--- a/Source/Core/DiscIO/DiscIO.vcxproj.filters
+++ b/Source/Core/DiscIO/DiscIO.vcxproj.filters
@@ -84,6 +84,9 @@
     <ClCompile Include="VolumeVerifier.cpp">
       <Filter>Volume</Filter>
     </ClCompile>
+    <ClCompile Include="WiiEncryptionCache.cpp">
+      <Filter>Volume\Blob</Filter>
+    </ClCompile>
   </ItemGroup>
   <ItemGroup>
     <ClInclude Include="DiscScrubber.h">
@@ -149,6 +152,9 @@
     <ClInclude Include="VolumeVerifier.h">
       <Filter>Volume</Filter>
     </ClInclude>
+    <ClInclude Include="WiiEncryptionCache.h">
+      <Filter>Volume\Blob</Filter>
+    </ClInclude>
   </ItemGroup>
   <ItemGroup>
     <Text Include="CMakeLists.txt" />
diff --git a/Source/Core/DiscIO/VolumeWii.cpp b/Source/Core/DiscIO/VolumeWii.cpp
index d2a1fba3db..df6cfebee1 100644
--- a/Source/Core/DiscIO/VolumeWii.cpp
+++ b/Source/Core/DiscIO/VolumeWii.cpp
@@ -8,15 +8,19 @@
 #include <array>
 #include <cstddef>
 #include <cstring>
+#include <future>
 #include <map>
-#include <mbedtls/aes.h>
-#include <mbedtls/sha1.h>
 #include <memory>
 #include <optional>
 #include <string>
+#include <thread>
 #include <utility>
 #include <vector>
 
+#include <mbedtls/aes.h>
+#include <mbedtls/sha1.h>
+
+#include "Common/Align.h"
 #include "Common/Assert.h"
 #include "Common/CommonTypes.h"
 #include "Common/Logging/Log.h"
@@ -126,7 +130,7 @@ VolumeWii::VolumeWii(std::unique_ptr<BlobReader> reader)
         const IOS::ES::TicketReader& ticket = *m_partitions[partition].ticket;
         if (!ticket.IsValid())
           return nullptr;
-        const std::array<u8, 16> key = ticket.GetTitleKey();
+        const std::array<u8, AES_KEY_SIZE> key = ticket.GetTitleKey();
         std::unique_ptr<mbedtls_aes_context> aes_context = std::make_unique<mbedtls_aes_context>();
         mbedtls_aes_setkey_dec(aes_context.get(), key.data(), 128);
         return aes_context;
@@ -162,14 +166,17 @@ bool VolumeWii::Read(u64 offset, u64 length, u8* buffer, const Partition& partit
   if (partition == PARTITION_NONE)
     return m_reader->Read(offset, length, buffer);
 
-  if (m_reader->SupportsReadWiiDecrypted())
-    return m_reader->ReadWiiDecrypted(offset, length, buffer, partition.offset);
-
   auto it = m_partitions.find(partition);
   if (it == m_partitions.end())
     return false;
   const PartitionDetails& partition_details = it->second;
 
+  if (m_reader->SupportsReadWiiDecrypted())
+  {
+    return m_reader->ReadWiiDecrypted(offset, length, buffer,
+                                      partition.offset + *partition_details.data_offset);
+  }
+
   if (!m_encrypted)
   {
     return m_reader->Read(partition.offset + *partition_details.data_offset + offset, length,
@@ -462,44 +469,43 @@ bool VolumeWii::CheckBlockIntegrity(u64 block_index, const std::vector<u8>& encr
     return false;
   const PartitionDetails& partition_details = it->second;
 
-  constexpr size_t SHA1_SIZE = 20;
-  if (block_index / 64 * SHA1_SIZE >= partition_details.h3_table->size())
+  if (block_index / BLOCKS_PER_GROUP * SHA1_SIZE >= partition_details.h3_table->size())
     return false;
 
   mbedtls_aes_context* aes_context = partition_details.key->get();
   if (!aes_context)
     return false;
 
-  u8 cluster_metadata[BLOCK_HEADER_SIZE];
+  HashBlock hashes;
   u8 iv[16] = {0};
-  mbedtls_aes_crypt_cbc(aes_context, MBEDTLS_AES_DECRYPT, BLOCK_HEADER_SIZE, iv,
-                        encrypted_data.data(), cluster_metadata);
+  mbedtls_aes_crypt_cbc(aes_context, MBEDTLS_AES_DECRYPT, sizeof(HashBlock), iv,
+                        encrypted_data.data(), reinterpret_cast<u8*>(&hashes));
 
   u8 cluster_data[BLOCK_DATA_SIZE];
   std::memcpy(iv, encrypted_data.data() + 0x3D0, 16);
-  mbedtls_aes_crypt_cbc(aes_context, MBEDTLS_AES_DECRYPT, BLOCK_DATA_SIZE, iv,
-                        encrypted_data.data() + BLOCK_HEADER_SIZE, cluster_data);
+  mbedtls_aes_crypt_cbc(aes_context, MBEDTLS_AES_DECRYPT, sizeof(cluster_data), iv,
+                        encrypted_data.data() + sizeof(HashBlock), cluster_data);
 
   for (u32 hash_index = 0; hash_index < 31; ++hash_index)
   {
     u8 h0_hash[SHA1_SIZE];
     mbedtls_sha1_ret(cluster_data + hash_index * 0x400, 0x400, h0_hash);
-    if (memcmp(h0_hash, cluster_metadata + hash_index * SHA1_SIZE, SHA1_SIZE))
+    if (memcmp(h0_hash, hashes.h0[hash_index], SHA1_SIZE))
       return false;
   }
 
   u8 h1_hash[SHA1_SIZE];
-  mbedtls_sha1_ret(cluster_metadata, SHA1_SIZE * 31, h1_hash);
-  if (memcmp(h1_hash, cluster_metadata + 0x280 + (block_index % 8) * SHA1_SIZE, SHA1_SIZE))
+  mbedtls_sha1_ret(reinterpret_cast<u8*>(hashes.h0), sizeof(hashes.h0), h1_hash);
+  if (memcmp(h1_hash, hashes.h1[block_index % 8], SHA1_SIZE))
     return false;
 
   u8 h2_hash[SHA1_SIZE];
-  mbedtls_sha1_ret(cluster_metadata + 0x280, SHA1_SIZE * 8, h2_hash);
-  if (memcmp(h2_hash, cluster_metadata + 0x340 + (block_index / 8 % 8) * SHA1_SIZE, SHA1_SIZE))
+  mbedtls_sha1_ret(reinterpret_cast<u8*>(hashes.h1), sizeof(hashes.h1), h2_hash);
+  if (memcmp(h2_hash, hashes.h2[block_index / 8 % 8], SHA1_SIZE))
     return false;
 
   u8 h3_hash[SHA1_SIZE];
-  mbedtls_sha1_ret(cluster_metadata + 0x340, SHA1_SIZE * 8, h3_hash);
+  mbedtls_sha1_ret(reinterpret_cast<u8*>(hashes.h2), sizeof(hashes.h2), h3_hash);
   if (memcmp(h3_hash, partition_details.h3_table->data() + block_index / 64 * SHA1_SIZE, SHA1_SIZE))
     return false;
 
@@ -521,4 +527,139 @@ bool VolumeWii::CheckBlockIntegrity(u64 block_index, const Partition& partition)
   return CheckBlockIntegrity(block_index, cluster, partition);
 }
 
+bool VolumeWii::EncryptGroup(u64 offset, u64 partition_data_offset,
+                             u64 partition_data_decrypted_size,
+                             const std::array<u8, AES_KEY_SIZE>& key, BlobReader* blob,
+                             std::array<u8, GROUP_TOTAL_SIZE>* out)
+{
+  std::vector<std::array<u8, BLOCK_DATA_SIZE>> unencrypted_data(BLOCKS_PER_GROUP);
+  std::vector<HashBlock> unencrypted_hashes(BLOCKS_PER_GROUP);
+
+  std::array<std::future<void>, BLOCKS_PER_GROUP> hash_futures;
+  bool error_occurred = false;
+
+  for (size_t i = 0; i < BLOCKS_PER_GROUP; ++i)
+  {
+    if (!error_occurred)
+    {
+      if (offset + (i + 1) * BLOCK_DATA_SIZE <= partition_data_decrypted_size)
+      {
+        if (!blob->ReadWiiDecrypted(offset + i * BLOCK_DATA_SIZE, BLOCK_DATA_SIZE,
+                                    unencrypted_data[i].data(), partition_data_offset))
+        {
+          error_occurred = true;
+        }
+      }
+      else
+      {
+        unencrypted_data[i].fill(0);
+      }
+    }
+
+    hash_futures[i] = std::async(std::launch::async, [&unencrypted_data, &unencrypted_hashes,
+                                                      &hash_futures, error_occurred, i]() {
+      const size_t h1_base = Common::AlignDown(i, 8);
+
+      if (!error_occurred)
+      {
+        // H0 hashes
+        for (size_t j = 0; j < 31; ++j)
+        {
+          mbedtls_sha1_ret(unencrypted_data[i].data() + j * 0x400, 0x400,
+                           unencrypted_hashes[i].h0[j]);
+        }
+
+        // H0 padding
+        std::memset(unencrypted_hashes[i].padding_0, 0, sizeof(HashBlock::padding_0));
+
+        // H1 hash
+        mbedtls_sha1_ret(reinterpret_cast<u8*>(unencrypted_hashes[i].h0), sizeof(HashBlock::h0),
+                         unencrypted_hashes[h1_base].h1[i - h1_base]);
+      }
+
+      if (i % 8 == 7)
+      {
+        for (size_t j = 0; j < 7; ++j)
+          hash_futures[h1_base + j].get();
+
+        if (!error_occurred)
+        {
+          // H1 padding
+          std::memset(unencrypted_hashes[h1_base].padding_1, 0, sizeof(HashBlock::padding_1));
+
+          // H1 copies
+          for (size_t j = 1; j < 8; ++j)
+          {
+            std::memcpy(unencrypted_hashes[h1_base + j].h1, unencrypted_hashes[h1_base].h1,
+                        sizeof(HashBlock::h1));
+          }
+
+          // H2 hash
+          mbedtls_sha1_ret(reinterpret_cast<u8*>(unencrypted_hashes[i].h1), sizeof(HashBlock::h1),
+                           unencrypted_hashes[0].h2[h1_base / 8]);
+        }
+
+        if (i == BLOCKS_PER_GROUP - 1)
+        {
+          for (size_t j = 0; j < 7; ++j)
+            hash_futures[j * 8 + 7].get();
+
+          if (!error_occurred)
+          {
+            // H2 padding
+            std::memset(unencrypted_hashes[0].padding_2, 0, sizeof(HashBlock::padding_2));
+
+            // H2 copies
+            for (size_t j = 1; j < BLOCKS_PER_GROUP; ++j)
+            {
+              std::memcpy(unencrypted_hashes[j].h2, unencrypted_hashes[0].h2,
+                          sizeof(HashBlock::h2));
+            }
+          }
+        }
+      }
+    });
+  }
+
+  // Wait for all the async tasks to finish
+  hash_futures.back().get();
+
+  if (error_occurred)
+    return false;
+
+  const unsigned int threads =
+      std::min(BLOCKS_PER_GROUP, std::max<unsigned int>(1, std::thread::hardware_concurrency()));
+
+  std::vector<std::future<void>> encryption_futures(threads);
+
+  mbedtls_aes_context aes_context;
+  mbedtls_aes_setkey_enc(&aes_context, key.data(), 128);
+
+  for (size_t i = 0; i < threads; ++i)
+  {
+    encryption_futures[i] = std::async(
+        std::launch::async,
+        [&unencrypted_data, &unencrypted_hashes, &aes_context, &out](size_t start, size_t end) {
+          for (size_t i = start; i < end; ++i)
+          {
+            u8* out_ptr = out->data() + i * BLOCK_TOTAL_SIZE;
+
+            u8 iv[16] = {};
+            mbedtls_aes_crypt_cbc(&aes_context, MBEDTLS_AES_ENCRYPT, BLOCK_HEADER_SIZE, iv,
+                                  reinterpret_cast<u8*>(&unencrypted_hashes[i]), out_ptr);
+
+            std::memcpy(iv, out_ptr + 0x3D0, sizeof(iv));
+            mbedtls_aes_crypt_cbc(&aes_context, MBEDTLS_AES_ENCRYPT, BLOCK_DATA_SIZE, iv,
+                                  unencrypted_data[i].data(), out_ptr + BLOCK_HEADER_SIZE);
+          }
+        },
+        i * BLOCKS_PER_GROUP / threads, (i + 1) * BLOCKS_PER_GROUP / threads);
+  }
+
+  for (std::future<void>& future : encryption_futures)
+    future.get();
+
+  return true;
+}
+
 }  // namespace DiscIO
diff --git a/Source/Core/DiscIO/VolumeWii.h b/Source/Core/DiscIO/VolumeWii.h
index fb55169ad0..f82e919130 100644
--- a/Source/Core/DiscIO/VolumeWii.h
+++ b/Source/Core/DiscIO/VolumeWii.h
@@ -4,13 +4,15 @@
 
 #pragma once
 
+#include <array>
 #include <map>
-#include <mbedtls/aes.h>
 #include <memory>
 #include <optional>
 #include <string>
 #include <vector>
 
+#include <mbedtls/aes.h>
+
 #include "Common/CommonTypes.h"
 #include "Common/Lazy.h"
 #include "Core/IOS/ES/Formats.h"
@@ -30,6 +32,31 @@ enum class Platform;
 class VolumeWii : public VolumeDisc
 {
 public:
+  static constexpr size_t AES_KEY_SIZE = 16;
+  static constexpr size_t SHA1_SIZE = 20;
+
+  static constexpr u32 H3_TABLE_SIZE = 0x18000;
+  static constexpr u32 BLOCKS_PER_GROUP = 0x40;
+
+  static constexpr u64 BLOCK_HEADER_SIZE = 0x0400;
+  static constexpr u64 BLOCK_DATA_SIZE = 0x7C00;
+  static constexpr u64 BLOCK_TOTAL_SIZE = BLOCK_HEADER_SIZE + BLOCK_DATA_SIZE;
+
+  static constexpr u64 GROUP_HEADER_SIZE = BLOCK_HEADER_SIZE * BLOCKS_PER_GROUP;
+  static constexpr u64 GROUP_DATA_SIZE = BLOCK_DATA_SIZE * BLOCKS_PER_GROUP;
+  static constexpr u64 GROUP_TOTAL_SIZE = GROUP_HEADER_SIZE + GROUP_DATA_SIZE;
+
+  struct HashBlock
+  {
+    u8 h0[31][SHA1_SIZE];
+    u8 padding_0[20];
+    u8 h1[8][SHA1_SIZE];
+    u8 padding_1[32];
+    u8 h2[8][SHA1_SIZE];
+    u8 padding_2[32];
+  };
+  static_assert(sizeof(HashBlock) == BLOCK_HEADER_SIZE);
+
   VolumeWii(std::unique_ptr<BlobReader> reader);
   ~VolumeWii();
   bool Read(u64 offset, u64 length, u8* buffer, const Partition& partition) const override;
@@ -69,11 +96,9 @@ public:
   bool IsSizeAccurate() const override;
   u64 GetRawSize() const override;
 
-  static constexpr unsigned int H3_TABLE_SIZE = 0x18000;
-
-  static constexpr unsigned int BLOCK_HEADER_SIZE = 0x0400;
-  static constexpr unsigned int BLOCK_DATA_SIZE = 0x7C00;
-  static constexpr unsigned int BLOCK_TOTAL_SIZE = BLOCK_HEADER_SIZE + BLOCK_DATA_SIZE;
+  static bool EncryptGroup(u64 offset, u64 partition_data_offset, u64 partition_data_decrypted_size,
+                           const std::array<u8, AES_KEY_SIZE>& key, BlobReader* blob,
+                           std::array<u8, GROUP_TOTAL_SIZE>* out);
 
 protected:
   u32 GetOffsetShift() const override { return 2; }
diff --git a/Source/Core/DiscIO/WiiEncryptionCache.cpp b/Source/Core/DiscIO/WiiEncryptionCache.cpp
new file mode 100644
index 0000000000..c5a2111daa
--- /dev/null
+++ b/Source/Core/DiscIO/WiiEncryptionCache.cpp
@@ -0,0 +1,80 @@
+// Copyright 2020 Dolphin Emulator Project
+// Licensed under GPLv2+
+// Refer to the license.txt file included.
+
+#include "DiscIO/WiiEncryptionCache.h"
+
+#include <array>
+#include <cstring>
+#include <limits>
+#include <memory>
+
+#include "Common/Align.h"
+#include "Common/CommonTypes.h"
+#include "DiscIO/Blob.h"
+#include "DiscIO/VolumeWii.h"
+
+namespace DiscIO
+{
+WiiEncryptionCache::WiiEncryptionCache(BlobReader* blob) : m_blob(blob)
+{
+}
+
+WiiEncryptionCache::~WiiEncryptionCache() = default;
+
+const std::array<u8, VolumeWii::GROUP_TOTAL_SIZE>*
+WiiEncryptionCache::EncryptGroup(u64 offset, u64 partition_data_offset,
+                                 u64 partition_data_decrypted_size, const Key& key)
+{
+  // Only allocate memory if this function actually ends up getting called
+  if (!m_cache)
+  {
+    m_cache = std::make_unique<std::array<u8, VolumeWii::GROUP_TOTAL_SIZE>>();
+    ASSERT(m_blob->SupportsReadWiiDecrypted());
+  }
+
+  ASSERT(offset % VolumeWii::GROUP_TOTAL_SIZE == 0);
+  const u64 group_offset_in_partition =
+      offset / VolumeWii::GROUP_TOTAL_SIZE * VolumeWii::GROUP_DATA_SIZE;
+  const u64 group_offset_on_disc = partition_data_offset + offset;
+
+  if (m_cached_offset != group_offset_on_disc)
+  {
+    if (!VolumeWii::EncryptGroup(group_offset_in_partition, partition_data_offset,
+                                 partition_data_decrypted_size, key, m_blob, m_cache.get()))
+    {
+      m_cached_offset = std::numeric_limits<u64>::max();  // Invalidate the cache
+      return nullptr;
+    }
+
+    m_cached_offset = group_offset_on_disc;
+  }
+
+  return m_cache.get();
+}
+
+bool WiiEncryptionCache::EncryptGroups(u64 offset, u64 size, u8* out_ptr, u64 partition_data_offset,
+                                       u64 partition_data_decrypted_size, const Key& key)
+{
+  while (size > 0)
+  {
+    const std::array<u8, VolumeWii::GROUP_TOTAL_SIZE>* group =
+        EncryptGroup(Common::AlignDown(offset, VolumeWii::GROUP_TOTAL_SIZE), partition_data_offset,
+                     partition_data_decrypted_size, key);
+
+    if (!group)
+      return false;
+
+    const u64 offset_in_group = offset % VolumeWii::GROUP_TOTAL_SIZE;
+    const u64 bytes_to_read = std::min(VolumeWii::GROUP_TOTAL_SIZE - offset_in_group, size);
+    std::memcpy(out_ptr, group->data() + offset_in_group, bytes_to_read);
+
+    offset += bytes_to_read;
+    size -= bytes_to_read;
+    out_ptr += bytes_to_read;
+  }
+
+  return true;
+}
+
+}  // namespace DiscIO
diff --git a/Source/Core/DiscIO/WiiEncryptionCache.h b/Source/Core/DiscIO/WiiEncryptionCache.h
new file mode 100644
index 0000000000..0c8f4b489a
--- /dev/null
+++ b/Source/Core/DiscIO/WiiEncryptionCache.h
@@ -0,0 +1,47 @@
+// Copyright 2020 Dolphin Emulator Project
+// Licensed under GPLv2+
+// Refer to the license.txt file included.
+
+#pragma once
+
+#include <array>
+#include <limits>
+#include <memory>
+
+#include "Common/CommonTypes.h"
+#include "DiscIO/VolumeWii.h"
+
+namespace DiscIO
+{
+class BlobReader;
+
+class WiiEncryptionCache
+{
+public:
+  using Key = std::array<u8, VolumeWii::AES_KEY_SIZE>;
+
+  // The blob pointer is kept around for the lifetime of this object.
+  explicit WiiEncryptionCache(BlobReader* blob);
+  ~WiiEncryptionCache();
+
+  // Encrypts exactly one group.
+  // If the returned pointer is nullptr, reading from the blob failed.
+  // If the returned pointer is not nullptr, it is guaranteed to be valid until
+  // the next call of this function or the destruction of this object.
+  const std::array<u8, VolumeWii::GROUP_TOTAL_SIZE>* EncryptGroup(u64 offset,
+                                                                  u64 partition_data_offset,
+                                                                  u64 partition_data_decrypted_size,
+                                                                  const Key& key);
+
+  // Encrypts a variable number of groups, as determined by the offset and size parameters.
+  // Supports reading groups partially.
+  bool EncryptGroups(u64 offset, u64 size, u8* out_ptr, u64 partition_data_offset,
+                     u64 partition_data_decrypted_size, const Key& key);
+
+private:
+  BlobReader* m_blob;
+  std::unique_ptr<std::array<u8, VolumeWii::GROUP_TOTAL_SIZE>> m_cache;
+  u64 m_cached_offset = std::numeric_limits<u64>::max();
+};
+
+}  // namespace DiscIO