diff --git a/packages/new-polymath-sdk/package.json b/packages/new-polymath-sdk/package.json
index 3ef45124c..d3f88b91c 100644
--- a/packages/new-polymath-sdk/package.json
+++ b/packages/new-polymath-sdk/package.json
@@ -41,7 +41,7 @@
     "lodash": "4.17.14",
     "semver": "^5.6.0",
     "uuid": "^3.3.2",
-    "web3": "1.0.0-beta.30"
+    "web3": "1.2.0"
   },
   "devDependencies": {
     "@babel/core": "^7.2.0",