diff --git a/internal/api/libwasmvm.x86_64.so b/internal/api/libwasmvm.x86_64.so
index 196150e5c..163a71a12 100755
Binary files a/internal/api/libwasmvm.x86_64.so and b/internal/api/libwasmvm.x86_64.so differ
diff --git a/libwasmvm/Cargo.lock b/libwasmvm/Cargo.lock
index 4cb79f72a..7fcdb82a0 100644
--- a/libwasmvm/Cargo.lock
+++ b/libwasmvm/Cargo.lock
@@ -437,13 +437,13 @@ dependencies = [
 
 [[package]]
 name = "cosmwasm-core"
-version = "2.2.0"
-source = "git+https://github.com/CosmWasm/cosmwasm.git?rev=v2.2.0#b9a149fde2a787b7221918b0651532ca2668d761"
+version = "2.2.0-rc.1"
+source = "git+https://github.com/CosmWasm/cosmwasm?branch=tkulik/feat/ibc_transfer_v2#7d2cbbde3982f278473ea0c3e21898dbd6efc54e"
 
 [[package]]
 name = "cosmwasm-crypto"
-version = "2.2.0"
-source = "git+https://github.com/CosmWasm/cosmwasm.git?rev=v2.2.0#b9a149fde2a787b7221918b0651532ca2668d761"
+version = "2.2.0-rc.1"
+source = "git+https://github.com/CosmWasm/cosmwasm?branch=tkulik/feat/ibc_transfer_v2#7d2cbbde3982f278473ea0c3e21898dbd6efc54e"
 dependencies = [
  "ark-bls12-381",
  "ark-ec",
@@ -465,8 +465,8 @@ dependencies = [
 
 [[package]]
 name = "cosmwasm-derive"
-version = "2.2.0"
-source = "git+https://github.com/CosmWasm/cosmwasm.git?rev=v2.2.0#b9a149fde2a787b7221918b0651532ca2668d761"
+version = "2.2.0-rc.1"
+source = "git+https://github.com/CosmWasm/cosmwasm?branch=tkulik/feat/ibc_transfer_v2#7d2cbbde3982f278473ea0c3e21898dbd6efc54e"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -475,8 +475,8 @@ dependencies = [
 
 [[package]]
 name = "cosmwasm-std"
-version = "2.2.0"
-source = "git+https://github.com/CosmWasm/cosmwasm.git?rev=v2.2.0#b9a149fde2a787b7221918b0651532ca2668d761"
+version = "2.2.0-rc.1"
+source = "git+https://github.com/CosmWasm/cosmwasm?branch=tkulik/feat/ibc_transfer_v2#7d2cbbde3982f278473ea0c3e21898dbd6efc54e"
 dependencies = [
  "base64",
  "bech32",
@@ -498,8 +498,8 @@ dependencies = [
 
 [[package]]
 name = "cosmwasm-vm"
-version = "2.2.0"
-source = "git+https://github.com/CosmWasm/cosmwasm.git?rev=v2.2.0#b9a149fde2a787b7221918b0651532ca2668d761"
+version = "2.2.0-rc.1"
+source = "git+https://github.com/CosmWasm/cosmwasm?branch=tkulik/feat/ibc_transfer_v2#7d2cbbde3982f278473ea0c3e21898dbd6efc54e"
 dependencies = [
  "bech32",
  "blake2",
@@ -527,8 +527,8 @@ dependencies = [
 
 [[package]]
 name = "cosmwasm-vm-derive"
-version = "2.2.0"
-source = "git+https://github.com/CosmWasm/cosmwasm.git?rev=v2.2.0#b9a149fde2a787b7221918b0651532ca2668d761"
+version = "2.2.0-rc.1"
+source = "git+https://github.com/CosmWasm/cosmwasm?branch=tkulik/feat/ibc_transfer_v2#7d2cbbde3982f278473ea0c3e21898dbd6efc54e"
 dependencies = [
  "blake2",
  "proc-macro2",
diff --git a/libwasmvm/Cargo.toml b/libwasmvm/Cargo.toml
index 908942f28..a57863dcb 100644
--- a/libwasmvm/Cargo.toml
+++ b/libwasmvm/Cargo.toml
@@ -26,12 +26,12 @@ default = []
 backtraces = []
 
 [dependencies]
-cosmwasm-std = { git = "https://github.com/CosmWasm/cosmwasm.git", rev = "v2.2.0", features = [
+cosmwasm-std = { git = "https://github.com/CosmWasm/cosmwasm", branch = "tkulik/feat/ibc_transfer_v2", features = [
   "staking",
   "stargate",
   "iterator",
 ] }
-cosmwasm-vm = { git = "https://github.com/CosmWasm/cosmwasm.git", rev = "v2.2.0", features = [
+cosmwasm-vm = { git = "https://github.com/CosmWasm/cosmwasm", branch = "tkulik/feat/ibc_transfer_v2", features = [
   "staking",
   "stargate",
   "iterator",
diff --git a/types/msg.go b/types/msg.go
index 60a6e8751..5b3906132 100644
--- a/types/msg.go
+++ b/types/msg.go
@@ -122,6 +122,7 @@ type BurnMsg struct {
 
 type IBCMsg struct {
 	Transfer             *TransferMsg             `json:"transfer,omitempty"`
+	TransferV2           *TransferMsgV2           `json:"transfer_v2,omitempty"`
 	SendPacket           *SendPacketMsg           `json:"send_packet,omitempty"`
 	WriteAcknowledgement *WriteAcknowledgementMsg `json:"write_acknowledgement,omitempty"`
 	CloseChannel         *CloseChannelMsg         `json:"close_channel,omitempty"`
@@ -238,6 +239,31 @@ type TransferMsg struct {
 	Memo      string     `json:"memo,omitempty"`
 }
 
+type Token struct {
+	Base   string `json:"base"`
+	Trace  []Hop  `json:"trace"`
+	Amount string `json:"amount"`
+}
+
+type Forwarding struct {
+	Hops []Hop  `json:"hops"`
+	Memo string `json:"memo"`
+}
+
+type Hop struct {
+	PortID    string `json:"port_id"`
+	ChannelID string `json:"channel_id"`
+}
+
+type TransferMsgV2 struct {
+	ChannelID  string     `json:"channel_id"`
+	ToAddress  string     `json:"to_address"`
+	Tokens     []Token    `json:"tokens"`
+	Timeout    IBCTimeout `json:"timeout"`
+	Memo       string     `json:"memo,omitempty"`
+	Forwarding Forwarding `json:"forwarding"`
+}
+
 type SendPacketMsg struct {
 	ChannelID string     `json:"channel_id"`
 	Data      []byte     `json:"data"`