diff --git a/packages/core/src/baseclient.ts b/packages/core/src/baseclient.ts
index b551cfafb8e8..bf1ae616c4d6 100644
--- a/packages/core/src/baseclient.ts
+++ b/packages/core/src/baseclient.ts
@@ -17,6 +17,7 @@ import type {
   SessionAggregates,
   Severity,
   SeverityLevel,
+  Transaction,
   TransactionEvent,
   Transport,
 } from '@sentry/types';
@@ -97,6 +98,9 @@ export abstract class BaseClient<O extends ClientOptions> implements Client<O> {
   /** Holds flushable  */
   private _outcomes: { [key: string]: number } = {};
 
+  // eslint-disable-next-line @typescript-eslint/ban-types
+  private _hooks: Record<string, Function[]> = {};
+
   /**
    * Initializes this client instance.
    *
@@ -351,6 +355,38 @@ export abstract class BaseClient<O extends ClientOptions> implements Client<O> {
     }
   }
 
+  // Keep on() & emit() signatures in sync with types' client.ts interface
+
+  /** @inheritdoc */
+  public on(hook: 'startTransaction' | 'finishTransaction', callback: (transaction: Transaction) => void): void;
+
+  /** @inheritdoc */
+  public on(hook: 'beforeEnvelope', callback: (envelope: Envelope) => void): void;
+
+  /** @inheritdoc */
+  public on(hook: string, callback: unknown): void {
+    if (!this._hooks[hook]) {
+      this._hooks[hook] = [];
+    }
+
+    // @ts-ignore We assue the types are correct
+    this._hooks[hook].push(callback);
+  }
+
+  /** @inheritdoc */
+  public emit(hook: 'startTransaction' | 'finishTransaction', transaction: Transaction): void;
+
+  /** @inheritdoc */
+  public emit(hook: 'beforeEnvelope', envelope: Envelope): void;
+
+  /** @inheritdoc */
+  public emit(hook: string, ...rest: unknown[]): void {
+    if (this._hooks[hook]) {
+      // @ts-ignore we cannot enforce the callback to match the hook
+      this._hooks[hook].forEach(callback => callback(...rest));
+    }
+  }
+
   /** Updates existing session based on the provided event */
   protected _updateSessionFromEvent(session: Session, event: Event): void {
     let crashed = false;
diff --git a/packages/core/test/lib/base.test.ts b/packages/core/test/lib/base.test.ts
index d7382ceeeacb..4ee65114fe79 100644
--- a/packages/core/test/lib/base.test.ts
+++ b/packages/core/test/lib/base.test.ts
@@ -1,4 +1,4 @@
-import type { Event, Span } from '@sentry/types';
+import type { Client, Envelope, Event, Span, Transaction } from '@sentry/types';
 import { dsnToString, logger, SentryError, SyncPromise } from '@sentry/utils';
 
 import { Hub, makeSession, Scope } from '../../src';
@@ -1730,4 +1730,47 @@ describe('BaseClient', () => {
       expect(clearedOutcomes4.length).toEqual(0);
     });
   });
+
+  describe('hooks', () => {
+    const options = getDefaultTestClientOptions({ dsn: PUBLIC_DSN });
+
+    // Make sure types work for both Client & BaseClient
+    const scenarios = [
+      ['BaseClient', new TestClient(options)],
+      ['Client', new TestClient(options) as Client],
+    ] as const;
+
+    describe.each(scenarios)('with client %s', (_, client) => {
+      it('should call a startTransaction hook', () => {
+        expect.assertions(1);
+
+        const mockTransaction = {
+          traceId: '86f39e84263a4de99c326acab3bfe3bd',
+        } as Transaction;
+
+        client.on?.('startTransaction', transaction => {
+          expect(transaction).toEqual(mockTransaction);
+        });
+
+        client.emit?.('startTransaction', mockTransaction);
+      });
+
+      it('should call a beforeEnvelope hook', () => {
+        expect.assertions(1);
+
+        const mockEnvelope = [
+          {
+            event_id: '12345',
+          },
+          {},
+        ] as Envelope;
+
+        client.on?.('beforeEnvelope', envelope => {
+          expect(envelope).toEqual(mockEnvelope);
+        });
+
+        client.emit?.('beforeEnvelope', mockEnvelope);
+      });
+    });
+  });
 });
diff --git a/packages/types/src/client.ts b/packages/types/src/client.ts
index 28d23025ce84..71e2ac5a96d6 100644
--- a/packages/types/src/client.ts
+++ b/packages/types/src/client.ts
@@ -1,6 +1,7 @@
 import type { EventDropReason } from './clientreport';
 import type { DataCategory } from './datacategory';
 import type { DsnComponents } from './dsn';
+import type { Envelope } from './envelope';
 import type { Event, EventHint } from './event';
 import type { Integration, IntegrationClass } from './integration';
 import type { ClientOptions } from './options';
@@ -8,6 +9,7 @@ import type { Scope } from './scope';
 import type { SdkMetadata } from './sdkmetadata';
 import type { Session, SessionAggregates } from './session';
 import type { Severity, SeverityLevel } from './severity';
+import type { Transaction } from './transaction';
 import type { Transport } from './transport';
 
 /**
@@ -147,4 +149,29 @@ export interface Client<O extends ClientOptions = ClientOptions> {
    * @param event The dropped event.
    */
   recordDroppedEvent(reason: EventDropReason, dataCategory: DataCategory, event?: Event): void;
+
+  // HOOKS
+  // TODO(v8): Make the hooks non-optional.
+
+  /**
+   * Register a callback for transaction start and finish.
+   */
+  on?(hook: 'startTransaction' | 'finishTransaction', callback: (transaction: Transaction) => void): void;
+
+  /**
+   * Register a callback for transaction start and finish.
+   */
+  on?(hook: 'beforeEnvelope', callback: (envelope: Envelope) => void): void;
+
+  /**
+   * Fire a hook event for transaction start and finish. Expects to be given a transaction as the
+   * second argument.
+   */
+  emit?(hook: 'startTransaction' | 'finishTransaction', transaction: Transaction): void;
+
+  /*
+   * Fire a hook event for envelope creation and sending. Expects to be given an envelope as the
+   * second argument.
+   */
+  emit?(hook: 'beforeEnvelope', envelope: Envelope): void;
 }