diff --git a/go.mod b/go.mod
index 2d27bc575fb..c063b4b1550 100644
--- a/go.mod
+++ b/go.mod
@@ -144,7 +144,7 @@ require (
 	github.com/cometbft/cometbft-db v0.7.0 // indirect
 	github.com/confio/ics23/go v0.9.0 // indirect
 	github.com/consensys/bavard v0.1.13 // indirect
-	github.com/consensys/gnark-crypto v0.10.0 // indirect
+	github.com/consensys/gnark-crypto v0.12.1 // indirect
 	github.com/cosmos/btcutil v1.0.5 // indirect
 	github.com/cosmos/cosmos-proto v1.0.0-beta.2 // indirect
 	github.com/cosmos/go-bip39 v1.0.0 // indirect
diff --git a/go.sum b/go.sum
index 6db671e7dec..7c74ff3f6d8 100644
--- a/go.sum
+++ b/go.sum
@@ -248,8 +248,8 @@ github.com/confio/ics23/go v0.9.0 h1:cWs+wdbS2KRPZezoaaj+qBleXgUk5WOQFMP3CQFGTr4
 github.com/confio/ics23/go v0.9.0/go.mod h1:4LPZ2NYqnYIVRklaozjNR1FScgDJ2s5Xrp+e/mYVRak=
 github.com/consensys/bavard v0.1.13 h1:oLhMLOFGTLdlda/kma4VOJazblc7IM5y5QPd2A/YjhQ=
 github.com/consensys/bavard v0.1.13/go.mod h1:9ItSMtA/dXMAiL7BG6bqW2m3NdSEObYWoH223nGHukI=
-github.com/consensys/gnark-crypto v0.10.0 h1:zRh22SR7o4K35SoNqouS9J/TKHTyU2QWaj5ldehyXtA=
-github.com/consensys/gnark-crypto v0.10.0/go.mod h1:Iq/P3HHl0ElSjsg2E1gsMwhAyxnxoKK5nVyZKd+/KhU=
+github.com/consensys/gnark-crypto v0.12.1 h1:lHH39WuuFgVHONRl3J0LRBtuYdQTumFSDtJF7HpyG8M=
+github.com/consensys/gnark-crypto v0.12.1/go.mod h1:v2Gy7L/4ZRosZ7Ivs+9SfUDr0f5UlG+EM5t7MPHiLuY=
 github.com/containerd/continuity v0.4.3 h1:6HVkalIp+2u1ZLH1J/pYX2oBVXlJZvh1X1A7bEZ9Su8=
 github.com/containerd/continuity v0.4.3/go.mod h1:F6PTNCKepoxEaXLQp3wDAjygEnImnZ/7o4JzpodfroQ=
 github.com/coreos/bbolt v1.3.2/go.mod h1:iRUV2dpdMOn7Bo10OQBFzIJO9kkE559Wcmn+qkEiiKk=