diff --git a/package.json b/package.json
index 0b576473..3318aeaf 100644
--- a/package.json
+++ b/package.json
@@ -48,7 +48,7 @@
     "@metamask/eth-hd-keyring": "^7.0.1",
     "@metamask/eth-sig-util": "^7.0.0",
     "@metamask/eth-simple-keyring": "^6.0.1",
-    "@metamask/keyring-api": "^3.0.0",
+    "@metamask/keyring-api": "^4.0.0",
     "@metamask/obs-store": "^9.0.0",
     "@metamask/utils": "^8.2.0"
   },
diff --git a/yarn.lock b/yarn.lock
index 1b27cd00..f0a997ea 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1216,7 +1216,7 @@ __metadata:
     "@metamask/eth-hd-keyring": ^7.0.1
     "@metamask/eth-sig-util": ^7.0.0
     "@metamask/eth-simple-keyring": ^6.0.1
-    "@metamask/keyring-api": ^3.0.0
+    "@metamask/keyring-api": ^4.0.0
     "@metamask/obs-store": ^9.0.0
     "@metamask/utils": ^8.2.0
     "@types/jest": ^29.4.0
@@ -1302,9 +1302,9 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@metamask/keyring-api@npm:^3.0.0":
-  version: 3.0.0
-  resolution: "@metamask/keyring-api@npm:3.0.0"
+"@metamask/keyring-api@npm:^4.0.0":
+  version: 4.0.0
+  resolution: "@metamask/keyring-api@npm:4.0.0"
   dependencies:
     "@metamask/providers": ^14.0.1
     "@metamask/snaps-sdk": ^1.3.2
@@ -1312,7 +1312,7 @@ __metadata:
     "@types/uuid": ^9.0.1
     superstruct: ^1.0.3
     uuid: ^9.0.0
-  checksum: 5e3fdc122789d605681070aa6ed6c656d5c9bb1f037fd4bf1ed2ec5fa453a0fc8b9663ddfd2106c122889682e2ae1c8ddd16913798f24821b22899f743ce1a31
+  checksum: 137521a967651fcc3435eb31d51c060a74199df28910c2c27a2472469db842f0fbe267d029138eb08854b8bee909886b6df038eb38dd08afbbca5e586f266d30
   languageName: node
   linkType: hard