diff --git a/lib/internal/bootstrap/loaders.js b/lib/internal/bootstrap/loaders.js
index bdc328ae5eacad..b585b4af2e3db6 100644
--- a/lib/internal/bootstrap/loaders.js
+++ b/lib/internal/bootstrap/loaders.js
@@ -136,13 +136,18 @@ const legacyWrapperList = new SafeSet([
           'DEP0111');
       }
       if (legacyWrapperList.has(module)) {
-        return nativeModuleRequire('internal/legacy/processbinding')[module]();
+        return bindingObj[module] ??=
+          nativeModuleRequire('internal/legacy/processbinding')[module]();
       }
       return internalBinding(module);
     }
     // eslint-disable-next-line no-restricted-syntax
     throw new Error(`No such module: ${module}`);
   };
+}
+
+{
+  const bindingObj = ObjectCreate(null);
 
   process._linkedBinding = function _linkedBinding(module) {
     module = String(module);
diff --git a/lib/internal/legacy/processbinding.js b/lib/internal/legacy/processbinding.js
index 3d48e3c9882e58..9a0efb74c548d5 100644
--- a/lib/internal/legacy/processbinding.js
+++ b/lib/internal/legacy/processbinding.js
@@ -6,7 +6,7 @@ const {
   ObjectEntries,
   SafeArrayIterator,
 } = primordials;
-const { types } = require('util');
+const types = require('internal/util/types');
 
 module.exports = {
   util() {
diff --git a/test/parallel/test-process-binding-util.js b/test/parallel/test-process-binding-util.js
index d1e602de681cfa..b59f20ddffe8c5 100644
--- a/test/parallel/test-process-binding-util.js
+++ b/test/parallel/test-process-binding-util.js
@@ -28,3 +28,5 @@ assert.deepStrictEqual(
 for (const k of Object.keys(utilBinding)) {
   assert.strictEqual(utilBinding[k], util.types[k]);
 }
+
+assert.strictEqual(utilBinding, process.binding('util'));