diff --git a/Cargo.lock b/Cargo.lock
index 5073468d385..365741e1550 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4,7 +4,7 @@ version = 3
 
 [[package]]
 name = "acir"
-version = "0.53.0"
+version = "0.54.0"
 dependencies = [
  "acir_field",
  "base64 0.21.7",
@@ -26,7 +26,7 @@ dependencies = [
 
 [[package]]
 name = "acir_field"
-version = "0.53.0"
+version = "0.54.0"
 dependencies = [
  "ark-bls12-381",
  "ark-bn254",
@@ -40,7 +40,7 @@ dependencies = [
 
 [[package]]
 name = "acvm"
-version = "0.53.0"
+version = "0.54.0"
 dependencies = [
  "acir",
  "acvm_blackbox_solver",
@@ -59,7 +59,7 @@ dependencies = [
 
 [[package]]
 name = "acvm_blackbox_solver"
-version = "0.53.0"
+version = "0.54.0"
 dependencies = [
  "acir",
  "blake2",
@@ -96,7 +96,7 @@ dependencies = [
 
 [[package]]
 name = "acvm_js"
-version = "0.53.0"
+version = "0.54.0"
 dependencies = [
  "acvm",
  "bn254_blackbox_solver",
@@ -577,7 +577,7 @@ dependencies = [
 
 [[package]]
 name = "bn254_blackbox_solver"
-version = "0.53.0"
+version = "0.54.0"
 dependencies = [
  "acir",
  "acvm_blackbox_solver",
@@ -595,7 +595,7 @@ dependencies = [
 
 [[package]]
 name = "brillig"
-version = "0.53.0"
+version = "0.54.0"
 dependencies = [
  "acir_field",
  "serde",
@@ -603,7 +603,7 @@ dependencies = [
 
 [[package]]
 name = "brillig_vm"
-version = "0.53.0"
+version = "0.54.0"
 dependencies = [
  "acir",
  "acvm_blackbox_solver",
diff --git a/Cargo.toml b/Cargo.toml
index d819c37daeb..897b7cb32ca 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -57,13 +57,13 @@ unused_qualifications = "warn"
 [workspace.dependencies]
 
 # ACVM workspace dependencies
-acir_field = { version = "0.53.0", path = "acvm-repo/acir_field", default-features = false }
-acir = { version = "0.53.0", path = "acvm-repo/acir", default-features = false }
-acvm = { version = "0.53.0", path = "acvm-repo/acvm" }
-brillig = { version = "0.53.0", path = "acvm-repo/brillig", default-features = false }
-brillig_vm = { version = "0.53.0", path = "acvm-repo/brillig_vm", default-features = false }
-acvm_blackbox_solver = { version = "0.53.0", path = "acvm-repo/blackbox_solver", default-features = false }
-bn254_blackbox_solver = { version = "0.53.0", path = "acvm-repo/bn254_blackbox_solver", default-features = false }
+acir_field = { version = "0.54.0", path = "acvm-repo/acir_field", default-features = false }
+acir = { version = "0.54.0", path = "acvm-repo/acir", default-features = false }
+acvm = { version = "0.54.0", path = "acvm-repo/acvm" }
+brillig = { version = "0.54.0", path = "acvm-repo/brillig", default-features = false }
+brillig_vm = { version = "0.54.0", path = "acvm-repo/brillig_vm", default-features = false }
+acvm_blackbox_solver = { version = "0.54.0", path = "acvm-repo/blackbox_solver", default-features = false }
+bn254_blackbox_solver = { version = "0.54.0", path = "acvm-repo/bn254_blackbox_solver", default-features = false }
 
 # Noir compiler workspace dependencies
 fm = { path = "compiler/fm" }