diff --git a/src/json-ld.net/json-ld.net.csproj b/src/json-ld.net/json-ld.net.csproj
index 1d4f881..4661fbe 100644
--- a/src/json-ld.net/json-ld.net.csproj
+++ b/src/json-ld.net/json-ld.net.csproj
@@ -19,7 +19,7 @@ Implements the W3C JSON-LD 1.0 standard.</Description>
     <GenerateAssemblyProductAttribute>false</GenerateAssemblyProductAttribute>
   </PropertyGroup>
   <ItemGroup>
-    <PackageReference Include="Newtonsoft.Json" Version="9.0.1" />
+    <PackageReference Include="Newtonsoft.Json" Version="12.0.3" />
   </ItemGroup>
   <ItemGroup Condition=" '$(TargetFramework)' == 'net40-client' ">
     <Reference Include="System" />