diff --git a/packages/contracts-bedrock/semver-lock.json b/packages/contracts-bedrock/semver-lock.json
index 8f2b6c664318f..b87b4f03c5d55 100644
--- a/packages/contracts-bedrock/semver-lock.json
+++ b/packages/contracts-bedrock/semver-lock.json
@@ -136,8 +136,8 @@
     "sourceCodeHash": "0x52737b23e99bf79dd2c23196b3298e80aa41f740efc6adc7916e696833eb546a"
   },
   "src/universal/OptimismMintableERC20Factory.sol": {
-    "initCodeHash": "0x786f4d03cf19cf3af728966a8b22385e178e2021f20b410032c195bbc57e1e7c",
-    "sourceCodeHash": "0x76556319925ee2bbec0eeaddcce8904b602507ed5edbcc82a1afe920b46f1840"
+    "initCodeHash": "0x2b6abdf0592028c5babc4b3eb808e7dc36e9d7257a56ddcb10a96b9bb0cc651c",
+    "sourceCodeHash": "0x7426252b3cb51bdf2858b0f968713620ced5e7472c1b7cd1c1f1ff4575906c0b"
   },
   "src/universal/OptimismMintableERC721.sol": {
     "initCodeHash": "0xb400f430acf4d65bee9635e4935a6e1e3a0284fc50aea40ad8b7818dc826f31c",
diff --git a/packages/contracts-bedrock/snapshots/abi/OptimismMintableERC20Factory.json b/packages/contracts-bedrock/snapshots/abi/OptimismMintableERC20Factory.json
index 059141e4e2b21..3f2f14fcbe598 100644
--- a/packages/contracts-bedrock/snapshots/abi/OptimismMintableERC20Factory.json
+++ b/packages/contracts-bedrock/snapshots/abi/OptimismMintableERC20Factory.json
@@ -1,12 +1,6 @@
 [
   {
-    "inputs": [
-      {
-        "internalType": "address",
-        "name": "_bridge",
-        "type": "address"
-      }
-    ],
+    "inputs": [],
     "stateMutability": "nonpayable",
     "type": "constructor"
   },
@@ -128,6 +122,19 @@
     "stateMutability": "nonpayable",
     "type": "function"
   },
+  {
+    "inputs": [
+      {
+        "internalType": "address",
+        "name": "_bridge",
+        "type": "address"
+      }
+    ],
+    "name": "initialize",
+    "outputs": [],
+    "stateMutability": "nonpayable",
+    "type": "function"
+  },
   {
     "inputs": [],
     "name": "version",
@@ -141,6 +148,19 @@
     "stateMutability": "view",
     "type": "function"
   },
+  {
+    "anonymous": false,
+    "inputs": [
+      {
+        "indexed": false,
+        "internalType": "uint8",
+        "name": "version",
+        "type": "uint8"
+      }
+    ],
+    "name": "Initialized",
+    "type": "event"
+  },
   {
     "anonymous": false,
     "inputs": [
diff --git a/packages/contracts-bedrock/snapshots/storageLayout/OptimismMintableERC20Factory.json b/packages/contracts-bedrock/snapshots/storageLayout/OptimismMintableERC20Factory.json
index 0637a088a01e8..db12e5e756219 100644
--- a/packages/contracts-bedrock/snapshots/storageLayout/OptimismMintableERC20Factory.json
+++ b/packages/contracts-bedrock/snapshots/storageLayout/OptimismMintableERC20Factory.json
@@ -1 +1,23 @@
-[]
\ No newline at end of file
+[
+  {
+    "bytes": "1",
+    "label": "_initialized",
+    "offset": 0,
+    "slot": "0",
+    "type": "uint8"
+  },
+  {
+    "bytes": "1",
+    "label": "_initializing",
+    "offset": 1,
+    "slot": "0",
+    "type": "bool"
+  },
+  {
+    "bytes": "20",
+    "label": "bridge",
+    "offset": 2,
+    "slot": "0",
+    "type": "address"
+  }
+]
\ No newline at end of file