diff --git a/packages/interop/package.json b/packages/interop/package.json
index 92cead5d..3c0fe9f9 100644
--- a/packages/interop/package.json
+++ b/packages/interop/package.json
@@ -74,7 +74,7 @@
     "kubo-rpc-client": "^3.0.0",
     "libp2p": "^0.45.3",
     "merge-options": "^3.0.4",
-    "multiformats": "^11.0.1",
+    "multiformats": "^12.0.1",
     "uint8arrays": "^4.0.3",
     "wherearewe": "^2.0.1"
   },
diff --git a/packages/ipns/package.json b/packages/ipns/package.json
index af4d12d0..258d7c14 100644
--- a/packages/ipns/package.json
+++ b/packages/ipns/package.json
@@ -166,7 +166,7 @@
     "interface-datastore": "^8.0.0",
     "ipns": "^6.0.0",
     "is-ipfs": "^8.0.1",
-    "multiformats": "^11.0.1",
+    "multiformats": "^12.0.1",
     "p-queue": "^7.3.0",
     "progress-events": "^1.0.0",
     "uint8arrays": "^4.0.3"