diff --git a/packages/yak-swc/yak_swc/src/lib.rs b/packages/yak-swc/yak_swc/src/lib.rs
index 6504946a..e90ca34e 100644
--- a/packages/yak-swc/yak_swc/src/lib.rs
+++ b/packages/yak-swc/yak_swc/src/lib.rs
@@ -6,7 +6,6 @@ use std::path::Path;
 use std::vec;
 use swc_core::atoms::atom;
 
-use swc_core::atoms::Atom;
 use swc_core::common::comments::Comment;
 use swc_core::common::comments::Comments;
 use swc_core::common::{Spanned, SyntaxContext, DUMMY_SP};
@@ -277,6 +276,24 @@ where
                   self.process_yak_literal(&mut tagged_tpl.clone(), css_state.clone());
                 runtime_expressions.extend(inline_runtime_exprs);
                 runtime_css_variables.extend(inline_runtime_css_vars);
+              }
+              // keyframes - of animations which have not been parsed yet
+              // const Button = styled.button`animation: ${highlight};`
+              // const highlight = keyframes`from { color: red; }`
+              else if is_valid_tagged_tpl(
+                &tagged_tpl,
+                self.yak_library_imports.yak_keyframes_idents.clone(),
+              ) {
+                // Create a unique name for the keyframe
+                let keyframe_name = self
+                  .naming_convention
+                  .generate_unique_name_for_variable(&scoped_name);
+                // Store the keyframe for the later keyframe declaration
+                self
+                  .variable_name_selector_mapping
+                  .insert(scoped_name.clone(), keyframe_name.clone());
+                let (new_state, _) = parse_css(keyframe_name.as_str(), css_state);
+                css_state = Some(new_state);
               } else {
                 HANDLER.with(|handler| {
                   handler
@@ -522,6 +539,38 @@ where
     }
   }
 
+  /// Visit object member value declarations
+  /// To store the current name which can be used for class names
+  /// e.g. Button for const obj = { Button: styled.button`color: red;` }
+  fn visit_mut_object_lit(&mut self, n: &mut ObjectLit) {
+    if !self.yak_library_imports.is_using_next_yak() {
+      return;
+    }
+    if self.current_variable_name.is_none() {
+      n.visit_mut_children_with(self);
+      return;
+    }
+    let current_variable_name = self.current_variable_name.clone().unwrap();
+    for props_or_spread in &mut n.props {
+      if let PropOrSpread::Prop(prop) = props_or_spread {
+        if let Some(key_value) = prop.as_key_value() {
+          if let PropName::Ident(value) = &key_value.key {
+            let mut new_parts = current_variable_name.parts.clone();
+            new_parts.push(value.sym.clone());
+            self.current_variable_name = Some(ScopedVariableReference::new(
+              current_variable_name.id.clone(),
+              new_parts,
+            ));
+            prop.visit_mut_with(self);
+            self.current_variable_name = Some(current_variable_name.clone());
+            continue;
+          }
+        }
+      }
+      props_or_spread.visit_mut_with(self);
+    }
+  }
+
   // Visit ternary expressions
   // To store the current condition which can be used for class names of nested css expressions
   fn visit_mut_expr(&mut self, n: &mut Expr) {
@@ -614,12 +663,17 @@ where
     }
 
     let is_top_level = !self.is_inside_css_expression();
+    let current_variable_id = self.get_current_component_id();
 
     let mut transform: Box<dyn YakTransform> = match yak_library_function_name.as_deref() {
       // Styled Components transform works only on top level
       Some("styled") if is_top_level => Box::new(TransformStyled::new()),
       // Keyframes transform works only on top level
-      Some("keyframes") if is_top_level => Box::new(TransformKeyframes::new()),
+      Some("keyframes") if is_top_level => Box::new(TransformKeyframes::new(
+        self
+          .variable_name_selector_mapping
+          .get(&current_variable_id),
+      )),
       // CSS Mixin e.g. const highlight = css`color: red;`
       Some("css") if is_top_level => Box::new(TransformCssMixin::new(self.current_exported)),
       // CSS Inline mixin e.g. styled.button`${() => css`color: red;`}`
@@ -643,7 +697,6 @@ where
       }
     };
 
-    let current_variable_id = self.get_current_component_id();
     // Remove the scope postfix to make the variable name easier to read
     let current_variable_name = current_variable_id.id.0.to_string();
 
diff --git a/packages/yak-swc/yak_swc/src/naming_convention.rs b/packages/yak-swc/yak_swc/src/naming_convention.rs
index a3295e36..4449cf24 100644
--- a/packages/yak-swc/yak_swc/src/naming_convention.rs
+++ b/packages/yak-swc/yak_swc/src/naming_convention.rs
@@ -1,4 +1,4 @@
-use crate::utils::murmur_hash::murmurhash2_32_gc;
+use crate::{utils::murmur_hash::murmurhash2_32_gc, variable_visitor::ScopedVariableReference};
 use rustc_hash::FxHashMap;
 
 pub struct NamingConvention {
@@ -52,6 +52,15 @@ impl NamingConvention {
     }
   }
 
+  // Generate a unique name for a variable reference
+  // e.g "foo.bar" -> "foo_bar-01"
+  pub fn generate_unique_name_for_variable(
+    &mut self,
+    variable: &ScopedVariableReference,
+  ) -> String {
+    self.generate_unique_name(&variable.to_readable_string())
+  }
+
   /// Generate a unique CSS variable name based on the file name and a base name
   pub fn get_css_variable_name(&mut self, base_name: &str, dev_mode: bool) -> String {
     let name: &str = if dev_mode {
@@ -75,12 +84,12 @@ fn escape_css_identifier(input: &str) -> String {
   for c in chars {
     match c {
       'a'..='z' | 'A'..='Z' | '-' | '_' | '$' | '\\' => result.push(c),
-      // Whitespace
-      ' ' | '\t' => {
+      // Whitespace and member expression separator
+      ' ' | '\t' | '.' => {
         result.push('_');
       }
       // Remove control characters
-      '\0'..='\x1F' | '\x7F' | '.' => continue,
+      '\0'..='\x1F' | '\x7F' => continue,
       // Escape Unicode characters
       c if c > '\u{00FF}' => {
         result.push('\\');
@@ -118,6 +127,7 @@ mod tests {
     assert_eq!(escape_css_identifier("foo\\bar"), "foo\\bar");
     assert_eq!(escape_css_identifier("foo💩bar"), "foo\\💩bar");
     assert_eq!(escape_css_identifier("foo bar"), "foo_bar");
+    assert_eq!(escape_css_identifier("foo.bar"), "foo_bar");
     assert_eq!(escape_css_identifier("foo\tbar"), "foo_bar");
     assert_eq!(escape_css_identifier("foo\nbar"), "foobar");
     assert_eq!(escape_css_identifier("1foo"), "_1foo");
diff --git a/packages/yak-swc/yak_swc/src/variable_visitor.rs b/packages/yak-swc/yak_swc/src/variable_visitor.rs
index 3e79da98..9fdadb2c 100644
--- a/packages/yak-swc/yak_swc/src/variable_visitor.rs
+++ b/packages/yak-swc/yak_swc/src/variable_visitor.rs
@@ -27,7 +27,7 @@ pub struct VariableVisitor {
 /// - a variable e.g. foo -> (foo#3, [foo])
 /// - a member expression e.g. foo.bar -> (foo#3, [foo, bar])
 pub struct ScopedVariableReference {
-  /// The swc id of the variable 
+  /// The swc id of the variable
   pub id: Id,
   /// The parts of the variable reference
   /// - e.g. foo.bar.baz -> [foo, bar, baz]
diff --git a/packages/yak-swc/yak_swc/src/yak_transforms.rs b/packages/yak-swc/yak_swc/src/yak_transforms.rs
index 86542489..baf6c5bd 100644
--- a/packages/yak-swc/yak_swc/src/yak_transforms.rs
+++ b/packages/yak-swc/yak_swc/src/yak_transforms.rs
@@ -314,9 +314,9 @@ pub struct TransformKeyframes {
 }
 
 impl TransformKeyframes {
-  pub fn new() -> TransformKeyframes {
+  pub fn new(animation_name: Option<&String>) -> TransformKeyframes {
     TransformKeyframes {
-      animation_name: None,
+      animation_name: animation_name.cloned(),
     }
   }
 }
@@ -328,8 +328,13 @@ impl YakTransform for TransformKeyframes {
     declaration_name: &str,
     _previous_parser_state: Option<ParserState>,
   ) -> ParserState {
-    let css_identifier = naming_convention.generate_unique_name(declaration_name);
-    self.animation_name = Some(css_identifier.clone());
+    let css_identifier = if self.animation_name.is_none() {
+      let new_identifier = naming_convention.generate_unique_name(declaration_name);
+      self.animation_name = Some(new_identifier.clone());
+      new_identifier
+    } else {
+      self.animation_name.clone().unwrap()
+    };
     let mut parser_state = ParserState::new();
     parser_state.current_scopes = vec![CssScope {
       name: format!("@keyframes {}", css_identifier),
diff --git a/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-function/input.tsx b/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-function/input.tsx
new file mode 100644
index 00000000..7b219564
--- /dev/null
+++ b/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-function/input.tsx
@@ -0,0 +1,30 @@
+import { styled, css, keyframes } from "next-yak";
+
+export const FadeInText = styled.p<{ $reverse?: boolean }>`
+  ${({ $reverse }) => $reverse ? css`
+    animation: ${fadeOut} 1s ease-in;
+    ` : css`
+    animation: ${fadeIn} 1s ease-in;
+  `}
+  
+  font-size: 18px;
+  color: #333;
+`;
+
+const fadeIn = keyframes`
+  from {
+    opacity: 0;
+  }
+  to {
+    opacity: 1;
+  }
+`;
+
+const fadeOut = keyframes`
+  from {
+    opacity: 1;
+  }
+  to {
+    opacity: 0;
+  }
+`;
\ No newline at end of file
diff --git a/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-function/output.tsx b/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-function/output.tsx
new file mode 100644
index 00000000..b2d54cbc
--- /dev/null
+++ b/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-function/output.tsx
@@ -0,0 +1,34 @@
+import { styled, css, keyframes } from "next-yak/internal";
+import __styleYak from "./input.yak.module.css!=!./input?./input.yak.module.css";
+export const FadeInText = /*YAK Extracted CSS:
+.FadeInText__$reverse {
+  animation: fadeOut 1s ease-in;
+}
+.FadeInText__not_$reverse {
+  animation: fadeIn 1s ease-in;
+}
+.FadeInText {
+  font-size: 18px;
+  color: #333;
+}
+*/ /*#__PURE__*/ styled.p(__styleYak.FadeInText, ({ $reverse })=>$reverse ? /*#__PURE__*/ css(__styleYak.FadeInText__$reverse) : /*#__PURE__*/ css(__styleYak.FadeInText__not_$reverse));
+const fadeIn = /*YAK Extracted CSS:
+@keyframes fadeIn {
+  from {
+    opacity: 0;
+  }
+  to {
+    opacity: 1;
+  }
+}
+*/ /*#__PURE__*/ keyframes(__styleYak.fadeIn);
+const fadeOut = /*YAK Extracted CSS:
+@keyframes fadeOut {
+  from {
+    opacity: 1;
+  }
+  to {
+    opacity: 0;
+  }
+}
+*/ /*#__PURE__*/ keyframes(__styleYak.fadeOut);
diff --git a/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-object/input.tsx b/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-object/input.tsx
new file mode 100644
index 00000000..fa6f5e46
--- /dev/null
+++ b/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-object/input.tsx
@@ -0,0 +1,34 @@
+import { styled, css, keyframes } from "next-yak";
+
+export const FadeInText = styled.p<{ $reverse?: boolean }>`
+  ${({ $reverse }) =>
+    $reverse
+      ? css`
+          animation: ${animations.fadeOut} 1s ease-in;
+        `
+      : css`
+          animation: ${animations.fadeIn} 1s ease-in;
+        `}
+
+  font-size: 18px;
+  color: #333;
+`;
+
+const animations = {
+  fadeIn: keyframes`
+    from {
+      opacity: 0;
+    }
+    to {
+      opacity: 1;
+    }
+`,
+  fadeOut: keyframes`
+    from {
+      opacity: 1;
+    }
+    to {
+      opacity: 0;
+    }
+`,
+};
diff --git a/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-object/output.tsx b/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-object/output.tsx
new file mode 100644
index 00000000..f67ddd6f
--- /dev/null
+++ b/packages/yak-swc/yak_swc/tests/fixture/keyframe-animations-object/output.tsx
@@ -0,0 +1,36 @@
+import { styled, css, keyframes } from "next-yak/internal";
+import __styleYak from "./input.yak.module.css!=!./input?./input.yak.module.css";
+export const FadeInText = /*YAK Extracted CSS:
+.FadeInText__$reverse {
+  animation: animations_fadeOut 1s ease-in;
+}
+.FadeInText__not_$reverse {
+  animation: animations_fadeIn 1s ease-in;
+}
+.FadeInText {
+  font-size: 18px;
+  color: #333;
+}
+*/ /*#__PURE__*/ styled.p(__styleYak.FadeInText, ({ $reverse })=>$reverse ? /*#__PURE__*/ css(__styleYak.FadeInText__$reverse) : /*#__PURE__*/ css(__styleYak.FadeInText__not_$reverse));
+const animations = {
+    fadeIn: /*YAK Extracted CSS:
+@keyframes animations_fadeIn {
+  from {
+    opacity: 0;
+  }
+  to {
+    opacity: 1;
+  }
+}
+*/ /*#__PURE__*/ keyframes(__styleYak.animations_fadeIn),
+    fadeOut: /*YAK Extracted CSS:
+@keyframes animations_fadeOut {
+  from {
+    opacity: 1;
+  }
+  to {
+    opacity: 0;
+  }
+}
+*/ /*#__PURE__*/ keyframes(__styleYak.animations_fadeOut)
+};