diff --git a/pyproject.toml b/pyproject.toml
index bb92d3d6..caabc902 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "hatchling.build"
 
 [project]
 name = "multiversx-sdk-cli"
-version = "11.3.0"
+version = "11.3.1"
 authors = [
   { name="MultiversX" },
 ]
@@ -25,7 +25,7 @@ dependencies = [
   "ledgercomm[hid]",
   "rich==13.3.4",
   "argcomplete==3.2.2",
-  "multiversx-sdk[ledger]==2.3.2"
+  "multiversx-sdk[ledger]==2.4.0"
 ]
 
 [project.scripts]
diff --git a/requirements.txt b/requirements.txt
index b965943a..bd269973 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -6,4 +6,4 @@ ledgercomm[hid]
 rich==13.3.4
 argcomplete==3.2.2
 
-multiversx-sdk[ledger]==2.3.2
+multiversx-sdk[ledger]==2.4.0