diff --git a/packages/ipfs-core-types/package.json b/packages/ipfs-core-types/package.json
index acabcecd88..ad79f31d10 100644
--- a/packages/ipfs-core-types/package.json
+++ b/packages/ipfs-core-types/package.json
@@ -52,7 +52,7 @@
     "@libp2p/interface-peer-id": "^2.0.0",
     "@libp2p/interface-peer-info": "^1.0.2",
     "@libp2p/interface-pubsub": "^3.0.0",
-    "@multiformats/multiaddr": "^11.1.5",
+    "@multiformats/multiaddr": "^12.1.14",
     "@types/node": "^18.0.0",
     "interface-datastore": "^7.0.0",
     "ipfs-unixfs": "^9.0.0",