diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index 09df98fa..92ad0985 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -53,7 +53,7 @@ okio = "3.9.0"
 appDirs = "1.2.0"
 
 # Preferences
-multiplatformSettings = "1.1.1"
+multiplatformSettings = "1.2.0"
 
 # Utility
 desugarJdkLibs = "2.1.1"