diff --git a/packages/desktop/package.json b/packages/desktop/package.json
index 111a04d791..c3d8ce5013 100644
--- a/packages/desktop/package.json
+++ b/packages/desktop/package.json
@@ -1,7 +1,7 @@
 {
     "name": "desktop",
     "productName": "Bloom",
-    "version": "1.1.3",
+    "version": "1.2.0-alpha-1",
     "description": "Simple and secure web3 wallet for the IOTA and Shimmer ecosystem",
     "main": "public/build/main.process.js",
     "repository": "git@github.com:bloomwalletio/bloom.git",
diff --git a/packages/shared/package.json b/packages/shared/package.json
index 0bd25c933d..62da9816be 100644
--- a/packages/shared/package.json
+++ b/packages/shared/package.json
@@ -1,6 +1,6 @@
 {
     "name": "shared",
-    "version": "1.1.3",
+    "version": "1.2.0",
     "description": "TypeScript library for the Bloom application",
     "author": "Bloom Labs Ltd <contact@bloomwallet.io>",
     "license": "PolyForm Strict License 1.0.0",