diff --git a/libraries/chain/db_init.cpp b/libraries/chain/db_init.cpp
index 913edbc8..1d344fc6 100644
--- a/libraries/chain/db_init.cpp
+++ b/libraries/chain/db_init.cpp
@@ -642,12 +642,14 @@ void database::init_genesis(const genesis_state_type& genesis_state)
 
    // Create balances for all bts accounts
    for( const auto& account : genesis_state.initial_bts_accounts )
-      if (account.core_balance != share_type())
-         create<account_balance_object>([&](account_balance_object& b) {
-            b.owner = get_account_id(account.name);
-            b.balance = account.core_balance;
-         });
+      if (account.core_balance != share_type()) {
+         total_supplies[asset_id_type()] += account.core_balance;
 
+         create<account_balance_object>([&](account_balance_object& b) {
+             b.owner = get_account_id(account.name);
+             b.balance = account.core_balance;
+         });
+      }
    // Create initial balances
    share_type total_allocation;
    for( const auto& handout : genesis_state.initial_balances )