diff --git a/eth2deposit/settings.py b/eth2deposit/settings.py
index 8558afe4..d1c185ae 100644
--- a/eth2deposit/settings.py
+++ b/eth2deposit/settings.py
@@ -1,7 +1,7 @@
 from typing import Dict, NamedTuple
 
 
-DEPOSIT_CLI_VERSION = '1.1.1'
+DEPOSIT_CLI_VERSION = '1.2.0'
 
 
 class BaseChainSetting(NamedTuple):
diff --git a/setup.py b/setup.py
index e148d351..9976c689 100644
--- a/setup.py
+++ b/setup.py
@@ -6,7 +6,7 @@
 
 setup(
     name="eth2deposit",
-    version='1.1.1',
+    version='1.2.0',
     py_modules=["eth2deposit"],
     packages=find_packages(exclude=('tests', 'docs')),
     python_requires=">=3.7,<4",