diff --git a/package.json b/package.json
index fd21f54c..048ba73d 100644
--- a/package.json
+++ b/package.json
@@ -42,7 +42,7 @@
     "@ethereumjs/tx": "^4.2.0",
     "@metamask/browser-passworder": "^4.1.0",
     "@metamask/eth-hd-keyring": "^6.0.0",
-    "@metamask/eth-sig-util": "^6.0.0",
+    "@metamask/eth-sig-util": "^7.0.0",
     "@metamask/eth-simple-keyring": "^5.0.0",
     "@metamask/obs-store": "^8.1.0",
     "@metamask/utils": "^8.1.0"
diff --git a/yarn.lock b/yarn.lock
index 310c87b0..1b4f3f0d 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -979,6 +979,16 @@ __metadata:
   languageName: node
   linkType: hard
 
+"@metamask/abi-utils@npm:^2.0.2":
+  version: 2.0.2
+  resolution: "@metamask/abi-utils@npm:2.0.2"
+  dependencies:
+    "@metamask/utils": ^8.0.0
+    superstruct: ^1.0.3
+  checksum: 5ec153e7691a4e1dc8738a0ba1a99a354ddb13851fa88a40a19f002f6308310e71c2cee28c3a25d9f7f67e839c7dffe4760e93e308dd17fa725b08d0dc73a3d4
+  languageName: node
+  linkType: hard
+
 "@metamask/auto-changelog@npm:^3.0.0":
   version: 3.2.0
   resolution: "@metamask/auto-changelog@npm:3.2.0"
@@ -1076,7 +1086,7 @@ __metadata:
     "@metamask/eslint-config-nodejs": ^11.1.0
     "@metamask/eslint-config-typescript": ^11.1.0
     "@metamask/eth-hd-keyring": ^6.0.0
-    "@metamask/eth-sig-util": ^6.0.0
+    "@metamask/eth-sig-util": ^7.0.0
     "@metamask/eth-simple-keyring": ^5.0.0
     "@metamask/obs-store": ^8.1.0
     "@metamask/utils": ^8.1.0
@@ -1119,17 +1129,18 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@metamask/eth-sig-util@npm:^6.0.0":
-  version: 6.0.0
-  resolution: "@metamask/eth-sig-util@npm:6.0.0"
+"@metamask/eth-sig-util@npm:^7.0.0":
+  version: 7.0.0
+  resolution: "@metamask/eth-sig-util@npm:7.0.0"
   dependencies:
-    "@ethereumjs/util": ^8.0.6
-    bn.js: ^4.12.0
-    ethereum-cryptography: ^2.0.0
+    "@ethereumjs/util": ^8.1.0
+    "@metamask/abi-utils": ^2.0.2
+    "@metamask/utils": ^8.1.0
+    ethereum-cryptography: ^2.1.2
     ethjs-util: ^0.1.6
     tweetnacl: ^1.0.3
     tweetnacl-util: ^0.15.1
-  checksum: 76c173faed20d0d896561dbf3eb4ec3173e33288bf8844919643fd3e9fb6bc78f1ba8bd8a82252f4d13526ded4cc1aee27ae78f5b32642d9f97ef15fa230a12e
+  checksum: bcb6bd23333e0b4dcb49f8772483dcb4c27e75405a2b111f1eafe0b341b221cf86ba4843e91c567d8836e80b6049d8e2f89c6766c62bbd256533e0f256f6d846
   languageName: node
   linkType: hard
 
@@ -1172,7 +1183,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@metamask/utils@npm:^8.1.0":
+"@metamask/utils@npm:^8.0.0, @metamask/utils@npm:^8.1.0":
   version: 8.1.0
   resolution: "@metamask/utils@npm:8.1.0"
   dependencies: