diff --git a/CHANGELOG.md b/CHANGELOG.md
index 46e9e4c8..60eca0e3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,7 @@
 
 - @cosmjs/faucet: Log errors for failed send transactions.
 - @cosmjs/faucet: Add config variable `FAUCET_MEMO`.
+- @cosmjs/launchpad: Add `parseCoins` helper.
 
 ## 0.22.1 (2020-08-11)
 
diff --git a/packages/launchpad/src/coins.spec.ts b/packages/launchpad/src/coins.spec.ts
index 91483913..5f74c4cb 100644
--- a/packages/launchpad/src/coins.spec.ts
+++ b/packages/launchpad/src/coins.spec.ts
@@ -1,4 +1,4 @@
-import { coin, coins } from "./coins";
+import { coin, coins, parseCoins } from "./coins";
 
 describe("coins", () => {
   describe("coin", () => {
@@ -32,4 +32,76 @@ describe("coins", () => {
       expect(coins(123, "utoken")).toEqual([{ amount: "123", denom: "utoken" }]);
     });
   });
+
+  describe("parseCoins", () => {
+    it("works for empty", () => {
+      expect(parseCoins("")).toEqual([]);
+    });
+
+    it("works for one element", () => {
+      expect(parseCoins("7643ureef")).toEqual([
+        {
+          amount: "7643",
+          denom: "ureef",
+        },
+      ]);
+    });
+
+    it("works for two", () => {
+      expect(parseCoins("819966000ucosm,700000000ustake")).toEqual([
+        {
+          amount: "819966000",
+          denom: "ucosm",
+        },
+        {
+          amount: "700000000",
+          denom: "ustake",
+        },
+      ]);
+    });
+
+    it("ignores empty elements", () => {
+      // start
+      expect(parseCoins(",819966000ucosm,700000000ustake")).toEqual([
+        {
+          amount: "819966000",
+          denom: "ucosm",
+        },
+        {
+          amount: "700000000",
+          denom: "ustake",
+        },
+      ]);
+      // middle
+      expect(parseCoins("819966000ucosm,,700000000ustake")).toEqual([
+        {
+          amount: "819966000",
+          denom: "ucosm",
+        },
+        {
+          amount: "700000000",
+          denom: "ustake",
+        },
+      ]);
+      // end
+      expect(parseCoins("819966000ucosm,700000000ustake,")).toEqual([
+        {
+          amount: "819966000",
+          denom: "ucosm",
+        },
+        {
+          amount: "700000000",
+          denom: "ustake",
+        },
+      ]);
+    });
+
+    it("throws for invalid inputs", () => {
+      // denom missing
+      expect(() => parseCoins("3456")).toThrowError(/invalid coin string/i);
+
+      // amount missing
+      expect(() => parseCoins("ucosm")).toThrowError(/invalid coin string/i);
+    });
+  });
 });
diff --git a/packages/launchpad/src/coins.ts b/packages/launchpad/src/coins.ts
index f14f996a..6f7b5321 100644
--- a/packages/launchpad/src/coins.ts
+++ b/packages/launchpad/src/coins.ts
@@ -1,4 +1,4 @@
-import { Uint53 } from "@cosmjs/math";
+import { Uint53, Uint64 } from "@cosmjs/math";
 
 export interface Coin {
   readonly denom: string;
@@ -14,3 +14,21 @@ export function coin(amount: number, denom: string): Coin {
 export function coins(amount: number, denom: string): Coin[] {
   return [coin(amount, denom)];
 }
+
+/**
+ * Takes a coins list like "819966000ucosm,700000000ustake" and parses it
+ */
+export function parseCoins(input: string): Coin[] {
+  return input
+    .replace(/\s/g, "")
+    .split(",")
+    .filter(Boolean)
+    .map((part) => {
+      const match = part.match(/^([0-9]+)([a-zA-Z]+)/);
+      if (!match) throw new Error("Got an invalid coin string");
+      return {
+        amount: Uint64.fromString(match[1]).toString(),
+        denom: match[2],
+      };
+    });
+}
diff --git a/packages/launchpad/src/index.ts b/packages/launchpad/src/index.ts
index 6d6e2388..492622d6 100644
--- a/packages/launchpad/src/index.ts
+++ b/packages/launchpad/src/index.ts
@@ -2,7 +2,7 @@ import * as logs from "./logs";
 export { logs };
 
 export { pubkeyToAddress, rawSecp256k1PubkeyToAddress } from "./address";
-export { Coin, coin, coins } from "./coins";
+export { Coin, coin, coins, parseCoins } from "./coins";
 
 export {
   Account,
diff --git a/packages/launchpad/types/coins.d.ts b/packages/launchpad/types/coins.d.ts
index 9208f3e2..2c956390 100644
--- a/packages/launchpad/types/coins.d.ts
+++ b/packages/launchpad/types/coins.d.ts
@@ -6,3 +6,7 @@ export interface Coin {
 export declare function coin(amount: number, denom: string): Coin;
 /** Creates a list of coins with one element */
 export declare function coins(amount: number, denom: string): Coin[];
+/**
+ * Takes a coins list like "819966000ucosm,700000000ustake" and parses it
+ */
+export declare function parseCoins(input: string): Coin[];
diff --git a/packages/launchpad/types/index.d.ts b/packages/launchpad/types/index.d.ts
index 03c9a87d..c6c21c94 100644
--- a/packages/launchpad/types/index.d.ts
+++ b/packages/launchpad/types/index.d.ts
@@ -1,7 +1,7 @@
 import * as logs from "./logs";
 export { logs };
 export { pubkeyToAddress, rawSecp256k1PubkeyToAddress } from "./address";
-export { Coin, coin, coins } from "./coins";
+export { Coin, coin, coins, parseCoins } from "./coins";
 export {
   Account,
   assertIsPostTxSuccess,