diff --git a/go.mod b/go.mod
index 5c3bd31b4..7bc24f91a 100644
--- a/go.mod
+++ b/go.mod
@@ -21,7 +21,7 @@ require (
 	github.com/cosmos/cosmos-sdk v0.47.10
 	github.com/cosmos/go-bip39 v1.0.0
 	github.com/cosmos/gogoproto v1.4.10
-	github.com/cosmos/ibc-go/v7 v7.3.2
+	github.com/cosmos/ibc-go/v7 v7.4.0
 	github.com/ethereum/go-ethereum v1.10.17
 	github.com/gogo/protobuf v1.3.3
 	github.com/golang/mock v1.6.0
diff --git a/go.sum b/go.sum
index f4e501bad..6ccd5d86e 100644
--- a/go.sum
+++ b/go.sum
@@ -433,8 +433,8 @@ github.com/cosmos/gogoproto v1.4.10 h1:QH/yT8X+c0F4ZDacDv3z+xE3WU1P1Z3wQoLMBRJoK
 github.com/cosmos/gogoproto v1.4.10/go.mod h1:3aAZzeRWpAwr+SS/LLkICX2/kDFyaYVzckBDzygIxek=
 github.com/cosmos/iavl v0.20.0 h1:fTVznVlepH0KK8NyKq8w+U7c2L6jofa27aFX6YGlm38=
 github.com/cosmos/iavl v0.20.0/go.mod h1:WO7FyvaZJoH65+HFOsDir7xU9FWk2w9cHXNW1XHcl7A=
-github.com/cosmos/ibc-go/v7 v7.3.2 h1:FeUDcBX7VYY0e0iRmcVkPPUjYfAqIc//QuHXo8JHz9c=
-github.com/cosmos/ibc-go/v7 v7.3.2/go.mod h1:IMeOXb7gwpZ+/nOG5BuUkdW4weM1ezvN4PQPws4uzOI=
+github.com/cosmos/ibc-go/v7 v7.4.0 h1:8FqYMptvksgMvlbN4UW9jFxTXzsPyfAzEZurujXac8M=
+github.com/cosmos/ibc-go/v7 v7.4.0/go.mod h1:L/KaEhzV5TGUCTfGysVgMBQtl5Dm7hHitfpk+GIeoAo=
 github.com/cosmos/ics23/go v0.10.0 h1:iXqLLgp2Lp+EdpIuwXTYIQU+AiHj9mOC2X9ab++bZDM=
 github.com/cosmos/ics23/go v0.10.0/go.mod h1:ZfJSmng/TBNTBkFemHHHj5YY7VAU/MBU980F4VU1NG0=
 github.com/cosmos/ledger-cosmos-go v0.12.4 h1:drvWt+GJP7Aiw550yeb3ON/zsrgW0jgh5saFCr7pDnw=