diff --git a/CHANGELOG.md b/CHANGELOG.md
index cb0d23320c5b..008b6acf640c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -66,6 +66,7 @@ This v0.50.x branch was created at the [eb1a8e88a4ddf77bc2fe235fc07c57016b7386f0
 
 * Bump IAVL
     * [#640](https://github.com/osmosis-labs/cosmos-sdk/pull/640) fix: bump IAVL to avoid pruning issues
+    * [#641](https://github.com/osmosis-labs/cosmos-sdk/pull/641) fix: bump IAVL to skip broken legacy state
 
 * Supply offset fix
     * [#629](https://github.com/osmosis-labs/cosmos-sdk/pull/629) fix: add old supply offset functions
diff --git a/store/go.mod b/store/go.mod
index de11e7cd7202..ef6f5175751a 100644
--- a/store/go.mod
+++ b/store/go.mod
@@ -9,7 +9,7 @@ require (
 	github.com/cometbft/cometbft v0.38.12
 	github.com/cosmos/cosmos-db v1.0.2
 	github.com/cosmos/gogoproto v1.7.0
-	github.com/cosmos/iavl v1.2.5
+	github.com/cosmos/iavl v1.2.6
 	github.com/cosmos/ics23/go v0.11.0
 	github.com/golang/mock v1.6.0
 	github.com/golang/protobuf v1.5.4 // indirect
diff --git a/store/go.sum b/store/go.sum
index 123ee34a2757..5eea8e61dc0e 100644
--- a/store/go.sum
+++ b/store/go.sum
@@ -52,8 +52,8 @@ github.com/cosmos/cosmos-db v1.0.2 h1:hwMjozuY1OlJs/uh6vddqnk9j7VamLv+0DBlbEXbAK
 github.com/cosmos/cosmos-db v1.0.2/go.mod h1:Z8IXcFJ9PqKK6BIsVOB3QXtkKoqUOp1vRvPT39kOXEA=
 github.com/cosmos/gogoproto v1.7.0 h1:79USr0oyXAbxg3rspGh/m4SWNyoz/GLaAh0QlCe2fro=
 github.com/cosmos/gogoproto v1.7.0/go.mod h1:yWChEv5IUEYURQasfyBW5ffkMHR/90hiHgbNgrtp4j0=
-github.com/cosmos/iavl v1.2.5 h1:GY6PphOF8tJbBlrb4TBqBx1SqUsW0OocFAZvV+s003A=
-github.com/cosmos/iavl v1.2.5/go.mod h1:GiM43q0pB+uG53mLxLDzimxM9l/5N9UuSY3/D0huuVw=
+github.com/cosmos/iavl v1.2.6 h1:Hs3LndJbkIB+rEvToKJFXZvKo6Vy0Ex1SJ54hhtioIs=
+github.com/cosmos/iavl v1.2.6/go.mod h1:GiM43q0pB+uG53mLxLDzimxM9l/5N9UuSY3/D0huuVw=
 github.com/cosmos/ics23/go v0.11.0 h1:jk5skjT0TqX5e5QJbEnwXIS2yI2vnmLOgpQPeM5RtnU=
 github.com/cosmos/ics23/go v0.11.0/go.mod h1:A8OjxPE67hHST4Icw94hOxxFEJMBG031xIGF/JHNIY0=
 github.com/creack/pty v1.1.9/go.mod h1:oKZEueFk5CKHvIhNR5MUki03XCEU+Q6VDXinZuGJ33E=