diff --git a/Cargo.toml b/Cargo.toml
index ff495ce9..a9f36091 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -190,7 +190,7 @@ ark-bw6-761 = { version = "0.4.0", default-features = false }
 ark-ec = { version = "0.4.0", default-features = false }
 ark-ff = { version = "0.4.0", default-features = false }
 ark-groth16 = { version = "0.4.0", default-features = false }
-ark-serialize = { version = "0.4.0", default-features = false }
+ark-serialize = { version = "0.5.0", default-features = false }
 ark-std = { version = "0.4.0", default-features = false }
 
 # Frontier Client