diff --git a/package.json b/package.json
index 468eb90..3d042da 100644
--- a/package.json
+++ b/package.json
@@ -174,7 +174,7 @@
     "cborg": "^1.3.3",
     "err-code": "^3.0.1",
     "interface-datastore": "^8.1.0",
-    "multiformats": "^11.0.0",
+    "multiformats": "^12.0.1",
     "protons-runtime": "^5.0.0",
     "timestamp-nano": "^1.0.0",
     "uint8arraylist": "^2.4.3",