diff --git a/package.json b/package.json
index dc16eb10c5..f0a78cef5c 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@arbitrum/token-bridge-contracts",
-  "version": "1.1.2",
+  "version": "1.2.0",
   "license": "Apache-2.0",
   "scripts": {
     "prepublishOnly": "hardhat clean && hardhat compile",