diff --git a/package.json b/package.json
index 04552e02..07d2a539 100644
--- a/package.json
+++ b/package.json
@@ -75,7 +75,7 @@
     "@metamask/base-controller": "^7.0.1",
     "@metamask/controller-utils": "^11.3.0",
     "@metamask/eth-query": "^4.0.0",
-    "@metamask/utils": "^10.0.0",
+    "@metamask/utils": "^11.1.0",
     "async-mutex": "^0.5.0",
     "bignumber.js": "^9.0.1",
     "bn.js": "^5.2.1",
diff --git a/yarn.lock b/yarn.lock
index ed18bf9c..69fd0448 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1493,7 +1493,7 @@ __metadata:
     "@metamask/gas-fee-controller": "npm:^22.0.2"
     "@metamask/json-rpc-engine": "npm:^10.0.1"
     "@metamask/network-controller": "npm:^22.1.0"
-    "@metamask/utils": "npm:^10.0.0"
+    "@metamask/utils": "npm:^11.1.0"
     "@types/jest": "npm:^29.5.14"
     "@types/node": "npm:^20.10.4"
     "@typescript-eslint/eslint-plugin": "npm:^5.42.1"
@@ -1541,6 +1541,23 @@ __metadata:
   languageName: node
   linkType: hard
 
+"@metamask/utils@npm:^11.1.0":
+  version: 11.1.0
+  resolution: "@metamask/utils@npm:11.1.0"
+  dependencies:
+    "@ethereumjs/tx": "npm:^4.2.0"
+    "@metamask/superstruct": "npm:^3.1.0"
+    "@noble/hashes": "npm:^1.3.1"
+    "@scure/base": "npm:^1.1.3"
+    "@types/debug": "npm:^4.1.7"
+    debug: "npm:^4.3.4"
+    pony-cause: "npm:^2.1.10"
+    semver: "npm:^7.5.4"
+    uuid: "npm:^9.0.1"
+  checksum: 10/756f13987881fe26adaa0a54354bc5af20cedee4dd228a736d481697dc634adb9e6e54d8f1dcc1d487b2376ab4ba8c576ecbb24beab2fb63aff721d0d5c0f5fe
+  languageName: node
+  linkType: hard
+
 "@metamask/utils@npm:^9.0.0, @metamask/utils@npm:^9.1.0":
   version: 9.3.0
   resolution: "@metamask/utils@npm:9.3.0"