diff --git a/packages/react-native/ReactCommon/react/nativemodule/core/platform/ios/ReactCommon/RCTTurboModuleManager.mm b/packages/react-native/ReactCommon/react/nativemodule/core/platform/ios/ReactCommon/RCTTurboModuleManager.mm
index e092136899db4c..be37541355ba76 100644
--- a/packages/react-native/ReactCommon/react/nativemodule/core/platform/ios/ReactCommon/RCTTurboModuleManager.mm
+++ b/packages/react-native/ReactCommon/react/nativemodule/core/platform/ios/ReactCommon/RCTTurboModuleManager.mm
@@ -188,7 +188,6 @@ static Class getFallbackClassFromName(const char *name)
 
 @implementation RCTTurboModuleManager {
   std::shared_ptr<CallInvoker> _jsInvoker;
-  facebook::jsi::Runtime *_runtime;
   __weak id<RCTTurboModuleManagerDelegate> _delegate;
   __weak RCTBridge *_bridge;
 
@@ -308,6 +307,7 @@ - (instancetype)initWithBridgeProxy:(RCTBridgeProxy *)bridgeProxy
  */
 
 - (std::shared_ptr<TurboModule>)provideTurboModule:(const char *)moduleName
+                                       withRuntime:(facebook::jsi::Runtime *)runtime
 {
   auto turboModuleLookup = _turboModuleCache.find(moduleName);
   if (turboModuleLookup != _turboModuleCache.end()) {
@@ -411,6 +411,14 @@ - (instancetype)initWithBridgeProxy:(RCTBridgeProxy *)bridgeProxy
       RCTLogError(@"TurboModule \"%@\"'s getTurboModule: method returned nil.", moduleClass);
     }
     _turboModuleCache.insert({moduleName, turboModule});
+
+    if ([module respondsToSelector:@selector(createBindingsInstaller)]) {
+      RCTTurboModuleBindingsInstaller *installer =
+          (RCTTurboModuleBindingsInstaller *)[module performSelector:@selector(createBindingsInstaller)];
+      if (installer != nil) {
+        installer.get(*runtime);
+      }
+    }
     return turboModule;
   }
 
@@ -707,14 +715,6 @@ - (BOOL)_shouldCreateObjCModule:(Class)moduleClass
     [(id<RCTCallInvokerModule>)module setCallInvoker:callInvoker];
   }
 
-  if ([module respondsToSelector:@selector(createBindingsInstaller)]) {
-    RCTTurboModuleBindingsInstaller *installer =
-        (RCTTurboModuleBindingsInstaller *)[module performSelector:@selector(createBindingsInstaller)];
-    if (installer != nil && _runtime) {
-      installer.get(*_runtime);
-    }
-  }
-
   /**
    * Some modules need their own queues, but don't provide any, so we need to create it for them.
    * These modules typically have the following:
@@ -924,8 +924,6 @@ - (BOOL)_requiresMainQueueSetup:(Class)moduleClass
 
 - (void)installJSBindings:(facebook::jsi::Runtime &)runtime
 {
-  _runtime = &runtime;
-
   /**
    * We keep TurboModuleManager alive until the JS VM is deleted.
    * It is perfectly valid to only use/create TurboModules from JS.
@@ -933,7 +931,8 @@ - (void)installJSBindings:(facebook::jsi::Runtime &)runtime
    * aren't any strong references to it in ObjC. Hence, we give
    * __turboModuleProxy a strong reference to TurboModuleManager.
    */
-  auto turboModuleProvider = [self](const std::string &name) -> std::shared_ptr<react::TurboModule> {
+  auto turboModuleProvider = [self,
+                              runtime = &runtime](const std::string &name) -> std::shared_ptr<react::TurboModule> {
     auto moduleName = name.c_str();
 
     TurboModulePerfLogger::moduleJSRequireBeginningStart(moduleName);
@@ -947,7 +946,7 @@ - (void)installJSBindings:(facebook::jsi::Runtime &)runtime
      * Additionally, if a TurboModule with the name `name` isn't found, then we
      * trigger an assertion failure.
      */
-    auto turboModule = [self provideTurboModule:moduleName];
+    auto turboModule = [self provideTurboModule:moduleName withRuntime:runtime];
 
     if (moduleWasNotInitialized && [self moduleIsInitialized:moduleName]) {
       [self->_bridge.performanceLogger markStopForTag:RCTPLTurboModuleSetup];
@@ -1038,14 +1037,12 @@ - (void)bridgeDidInvalidateModules:(NSNotification *)notification
   }
 
   [self _invalidateModules];
-  _runtime = nullptr;
 }
 
 - (void)invalidate
 {
   [self _enterInvalidatingState];
   [self _invalidateModules];
-  _runtime = nullptr;
 }
 
 - (void)_enterInvalidatingState