diff --git a/go.mod b/go.mod
index 4bd37ed048..8fff8f44ee 100644
--- a/go.mod
+++ b/go.mod
@@ -5,7 +5,7 @@ go 1.21
 require (
 	cosmossdk.io/math v1.2.0
 	github.com/cosmos/cosmos-sdk v0.46.12
-	github.com/cosmos/ibc-go/v5 v5.3.2
+	github.com/cosmos/ibc-go/v5 v5.4.0
 	github.com/gorilla/mux v1.8.1
 	github.com/rakyll/statik v0.1.7
 	github.com/regen-network/regen-ledger/types/v2 v2.0.0
@@ -168,7 +168,7 @@ require (
 	google.golang.org/genproto/googleapis/api v0.0.0-20240102182953-50ed04b92917 // indirect
 	google.golang.org/genproto/googleapis/rpc v0.0.0-20240125205218-1f4bbc51befe // indirect
 	google.golang.org/grpc v1.61.0 // indirect
-	google.golang.org/protobuf v1.32.0 // indirect
+	google.golang.org/protobuf v1.33.0 // indirect
 	gopkg.in/ini.v1 v1.67.0 // indirect
 	gopkg.in/yaml.v2 v2.4.0 // indirect
 	gopkg.in/yaml.v3 v3.0.1 // indirect
diff --git a/go.sum b/go.sum
index ecf38c54bb..f0a67bdf99 100644
--- a/go.sum
+++ b/go.sum
@@ -389,8 +389,8 @@ github.com/cosmos/gorocksdb v1.2.0 h1:d0l3jJG8M4hBouIZq0mDUHZ+zjOx044J3nGRskwTb4
 github.com/cosmos/gorocksdb v1.2.0/go.mod h1:aaKvKItm514hKfNJpUJXnnOWeBnk2GL4+Qw9NHizILw=
 github.com/cosmos/iavl v0.19.6 h1:XY78yEeNPrEYyNCKlqr9chrwoeSDJ0bV2VjocTk//OU=
 github.com/cosmos/iavl v0.19.6/go.mod h1:X9PKD3J0iFxdmgNLa7b2LYWdsGd90ToV5cAONApkEPw=
-github.com/cosmos/ibc-go/v5 v5.3.2 h1:PPSs5hNAjYd8jVfHvXsqfnCYd/r9C7wpu+O2A4TOO5g=
-github.com/cosmos/ibc-go/v5 v5.3.2/go.mod h1:Q2W1rjtwR738fqFQhE66dZ0frsLlr+Wiezlwei0TMGo=
+github.com/cosmos/ibc-go/v5 v5.4.0 h1:ZDrqSNfbvk8gsP8yJba3Jjy0JGM68inc4XoTcxaD0/k=
+github.com/cosmos/ibc-go/v5 v5.4.0/go.mod h1:v2iHzokbjDGNWHA80C1TXhAW2ehcAupMtJL0QTZZNN4=
 github.com/cosmos/keyring v1.2.0 h1:8C1lBP9xhImmIabyXW4c3vFjjLiBdGCmfLUfeZlV1Yo=
 github.com/cosmos/keyring v1.2.0/go.mod h1:fc+wB5KTk9wQ9sDx0kFXB3A0MaeGHM9AwRStKOQ5vOA=
 github.com/cosmos/ledger-cosmos-go v0.12.4 h1:drvWt+GJP7Aiw550yeb3ON/zsrgW0jgh5saFCr7pDnw=
@@ -1778,8 +1778,8 @@ google.golang.org/protobuf v1.26.0/go.mod h1:9q0QmTI4eRPtz6boOQmLYwt+qCgq0jsYwAQ
 google.golang.org/protobuf v1.27.1/go.mod h1:9q0QmTI4eRPtz6boOQmLYwt+qCgq0jsYwAQnmE0givc=
 google.golang.org/protobuf v1.28.0/go.mod h1:HV8QOd/L58Z+nl8r43ehVNZIU/HEI6OcFqwMG9pJV4I=
 google.golang.org/protobuf v1.28.1/go.mod h1:HV8QOd/L58Z+nl8r43ehVNZIU/HEI6OcFqwMG9pJV4I=
-google.golang.org/protobuf v1.32.0 h1:pPC6BG5ex8PDFnkbrGU3EixyhKcQ2aDuBS36lqK/C7I=
-google.golang.org/protobuf v1.32.0/go.mod h1:c6P6GXX6sHbq/GpV6MGZEdwhWPcYBgnhAHhKbcUYpos=
+google.golang.org/protobuf v1.33.0 h1:uNO2rsAINq/JlFpSdYEKIZ0uKD/R9cpdv0T+yoGwGmI=
+google.golang.org/protobuf v1.33.0/go.mod h1:c6P6GXX6sHbq/GpV6MGZEdwhWPcYBgnhAHhKbcUYpos=
 gopkg.in/alecthomas/kingpin.v2 v2.2.6/go.mod h1:FMv+mEhP44yOT+4EoQTLFTRgOQ1FBLkstjWtayDeSgw=
 gopkg.in/check.v1 v0.0.0-20161208181325-20d25e280405/go.mod h1:Co6ibVJAznAaIkqp8huTwlJQCZ016jof/cbN4VW5Yz0=
 gopkg.in/check.v1 v1.0.0-20180628173108-788fd7840127/go.mod h1:Co6ibVJAznAaIkqp8huTwlJQCZ016jof/cbN4VW5Yz0=