diff --git a/go.mod b/go.mod
index 748f80a26..3aa670175 100644
--- a/go.mod
+++ b/go.mod
@@ -160,7 +160,7 @@ replace (
 	// cosmos keyring
 	github.com/99designs/keyring => github.com/cosmos/keyring v1.2.0
 	// token factory:
-	github.com/CosmWasm/token-factory => github.com/CosmosContracts/token-factory v1.1.1-0.20230322161639-a1f5cfad5f4a
+	github.com/CosmWasm/token-factory => github.com/CosmosContracts/token-factory v1.2.0-juno
 	// TODO: Simapp dependency, review removing when updating to SDK with backported update https://github.com/cosmos/cosmos-sdk/issues/13423
 	github.com/btcsuite/btcd => github.com/btcsuite/btcd v0.22.2 // indirect
 	// dgrijalva/jwt-go is deprecated and doesn't receive security updates.
diff --git a/go.sum b/go.sum
index f86a57ce4..b6c2d78f6 100644
--- a/go.sum
+++ b/go.sum
@@ -68,8 +68,8 @@ github.com/CosmWasm/wasmd v0.31.0 h1:xACf6A/SkCeGWQWrKGsR4X9PQb5G4XYuNfnrl+HQ1mE
 github.com/CosmWasm/wasmd v0.31.0/go.mod h1:VcyDGk/ISVlMUeW+1GGL0zdHWBS2FPwLEV2qZ86l7l8=
 github.com/CosmWasm/wasmvm v1.2.1 h1:si0tRsRDdUShV0k51Wn6zRKlmj3/WWP9Yr4cLmDTf+8=
 github.com/CosmWasm/wasmvm v1.2.1/go.mod h1:vW/E3h8j9xBQs9bCoijDuawKo9kCtxOaS8N8J7KFtkc=
-github.com/CosmosContracts/token-factory v1.1.1-0.20230322161639-a1f5cfad5f4a h1:o4vOyEqNIfw6GdGH83EZFDJjqlQ3WIHhIWmOBh7BqB4=
-github.com/CosmosContracts/token-factory v1.1.1-0.20230322161639-a1f5cfad5f4a/go.mod h1:REKRfNe+zunKZitx2wGCPJBBmwu8qofOxGhsgV2h4cw=
+github.com/CosmosContracts/token-factory v1.2.0-juno h1:ArPEH/gg2zD3RwtB++JR4rMSgNINb5TgVJRcwbSm15g=
+github.com/CosmosContracts/token-factory v1.2.0-juno/go.mod h1:REKRfNe+zunKZitx2wGCPJBBmwu8qofOxGhsgV2h4cw=
 github.com/DATA-DOG/go-sqlmock v1.3.3/go.mod h1:f/Ixk793poVmq4qj/V1dPUg2JEAKC73Q5eFN3EC/SaM=
 github.com/DataDog/datadog-go v3.2.0+incompatible/go.mod h1:LButxg5PwREeZtORoXG3tL4fMGNddJ+vMq1mwgfaqoQ=
 github.com/DataDog/zstd v1.4.5/go.mod h1:1jcaCB/ufaK+sKp1NBhlGmpz41jOoPQ35bpF36t7BBo=