diff --git a/spring-modulith-observability/src/main/java/org/springframework/modulith/observability/autoconfigure/ModuleObservabilityAutoConfiguration.java b/spring-modulith-observability/src/main/java/org/springframework/modulith/observability/autoconfigure/ModuleObservabilityAutoConfiguration.java
index a4e406fd..2b001d73 100644
--- a/spring-modulith-observability/src/main/java/org/springframework/modulith/observability/autoconfigure/ModuleObservabilityAutoConfiguration.java
+++ b/spring-modulith-observability/src/main/java/org/springframework/modulith/observability/autoconfigure/ModuleObservabilityAutoConfiguration.java
@@ -22,22 +22,36 @@
 import brave.handler.MutableSpan;
 import brave.handler.SpanHandler;
 import brave.propagation.TraceContext;
+import io.micrometer.context.ContextExecutorService;
+import io.micrometer.context.ContextScheduledExecutorService;
+import io.micrometer.context.ContextSnapshot;
+import io.micrometer.context.ContextSnapshotFactory;
 import io.micrometer.tracing.Tracer;
 
+import java.util.concurrent.ExecutorService;
+import java.util.concurrent.RejectedExecutionHandler;
+import java.util.concurrent.ScheduledExecutorService;
+import java.util.concurrent.ThreadFactory;
+import java.util.function.Supplier;
+
 import org.springframework.beans.factory.ObjectProvider;
 import org.springframework.beans.factory.config.ConfigurableListableBeanFactory;
+import org.springframework.boot.autoconfigure.AutoConfigureBefore;
 import org.springframework.boot.autoconfigure.condition.ConditionalOnClass;
 import org.springframework.boot.autoconfigure.condition.ConditionalOnProperty;
+import org.springframework.boot.autoconfigure.task.TaskExecutionAutoConfiguration;
 import org.springframework.context.annotation.Bean;
 import org.springframework.context.annotation.Configuration;
 import org.springframework.modulith.observability.ModuleEventListener;
 import org.springframework.modulith.observability.ModuleTracingBeanPostProcessor;
 import org.springframework.modulith.runtime.ApplicationModulesRuntime;
+import org.springframework.scheduling.concurrent.ThreadPoolTaskScheduler;
 
 /**
  * @author Oliver Drotbohm
  */
 @Configuration(proxyBeanMethods = false)
+@AutoConfigureBefore(TaskExecutionAutoConfiguration.class)
 @ConditionalOnProperty(name = "management.tracing.enabled", havingValue = "true", matchIfMissing = true)
 class ModuleObservabilityAutoConfiguration {
 
@@ -53,6 +67,39 @@ static ModuleEventListener tracingModuleEventListener(ApplicationModulesRuntime
 		return new ModuleEventListener(runtime, () -> tracer.getObject());
 	}
 
+	/**
+	 * Custom override of default {@link ThreadPoolTaskScheduler} to make sure asynchronous method invocations get the
+	 * {@link io.micrometer.tracing.handler.TracingObservationHandler.TracingContext} forwarded into threads spawned for
+	 * those methods. <em>The name of the bean is important for it to be picked up by the async invocation
+	 * infrastructure!</em>
+	 */
+	@Bean(name = "taskExecutor", destroyMethod = "shutdown")
+	ThreadPoolTaskScheduler threadPoolTaskScheduler() {
+
+		ThreadPoolTaskScheduler threadPoolTaskScheduler = new ThreadPoolTaskScheduler() {
+
+			private static final long serialVersionUID = -3935299327010101697L;
+			private final Supplier<ContextSnapshot> captureAll = () -> ContextSnapshotFactory.builder().build().captureAll();
+
+			@Override
+			protected ExecutorService initializeExecutor(ThreadFactory threadFactory,
+					RejectedExecutionHandler rejectedExecutionHandler) {
+
+				return ContextExecutorService.wrap(super.initializeExecutor(threadFactory, rejectedExecutionHandler),
+						captureAll);
+			}
+
+			@Override
+			public ScheduledExecutorService getScheduledExecutor() throws IllegalStateException {
+				return ContextScheduledExecutorService.wrap(super.getScheduledExecutor(), captureAll);
+			}
+		};
+
+		threadPoolTaskScheduler.initialize();
+
+		return threadPoolTaskScheduler;
+	}
+
 	/**
 	 * Brave-specific auto configuration.
 	 *