diff --git a/.depcheckrc.json b/.depcheckrc.json
index d77df4e8..00cf1cba 100644
--- a/.depcheckrc.json
+++ b/.depcheckrc.json
@@ -1,6 +1,7 @@
 {
   "ignores": [
     "@lavamoat/allow-scripts",
+    "@ledgerhq/types-cryptoassets",
     "@metamask/auto-changelog",
     "@types/*",
     "prettier-plugin-packagejson",
diff --git a/jest.config.js b/jest.config.js
index 178632c7..6fc5cddf 100644
--- a/jest.config.js
+++ b/jest.config.js
@@ -43,8 +43,8 @@ module.exports = {
     global: {
       branches: 65.42,
       functions: 88.57,
-      lines: 81.57,
-      statements: 81.49,
+      lines: 81.63,
+      statements: 81.55,
     },
   },
 
diff --git a/package.json b/package.json
index 12b63851..3646b0f3 100644
--- a/package.json
+++ b/package.json
@@ -37,16 +37,18 @@
     "test:watch": "jest --watch"
   },
   "dependencies": {
+    "@ethereumjs/rlp": "^4.0.0",
     "@ethereumjs/tx": "^4.1.1",
-    "@metamask/utils": "^5.0.0",
+    "@ethereumjs/util": "^8.0.0",
+    "@metamask/utils": "^5.0.2",
     "eth-sig-util": "^2.0.0",
-    "ethereumjs-util": "^7.0.9",
     "hdkey": "0.8.0"
   },
   "devDependencies": {
     "@ethereumjs/common": "^3.1.1",
     "@lavamoat/allow-scripts": "^2.3.0",
     "@ledgerhq/hw-app-eth": "^6.32.0",
+    "@ledgerhq/types-cryptoassets": "^7.6.0",
     "@metamask/auto-changelog": "^3.1.0",
     "@metamask/eslint-config": "^11.0.1",
     "@metamask/eslint-config-browser": "^11.0.0",
@@ -90,10 +92,11 @@
   "lavamoat": {
     "allowScripts": {
       "@lavamoat/preinstall-always-fail": false,
+      "hdkey>secp256k1": false,
       "@ledgerhq/hw-app-eth>@ledgerhq/domain-service>eip55>keccak": false,
-      "ethereumjs-util>ethereum-cryptography>keccak": false,
-      "ethereumjs-util>ethereum-cryptography>secp256k1": false,
-      "hdkey>secp256k1": false
+      "eth-sig-util>ethereumjs-abi>ethereumjs-util>ethereum-cryptography>keccak": false,
+      "eth-sig-util>ethereumjs-util>ethereum-cryptography>keccak": false,
+      "eth-sig-util>ethereumjs-util>ethereum-cryptography>secp256k1": false
     }
   }
 }
diff --git a/src/ledger-keyring.test.ts b/src/ledger-keyring.test.ts
index 4c15cd8f..9bfd4058 100644
--- a/src/ledger-keyring.test.ts
+++ b/src/ledger-keyring.test.ts
@@ -1,8 +1,9 @@
 import { Common, Chain, Hardfork } from '@ethereumjs/common';
+import { RLP } from '@ethereumjs/rlp';
 import { TransactionFactory } from '@ethereumjs/tx';
+import * as ethUtil from '@ethereumjs/util';
 import sigUtil from 'eth-sig-util';
 import EthereumTx from 'ethereumjs-tx';
-import * as ethUtil from 'ethereumjs-util';
 import HDKey from 'hdkey';
 
 import { LedgerBridge } from './ledger-bridge';
@@ -536,9 +537,7 @@ describe('LedgerKeyring', function () {
           .mockImplementation(async (params) => {
             expect(params).toStrictEqual({
               hdPath: "m/44'/60'/0'/0",
-              tx: ethUtil.rlp
-                .encode(newFakeTx.getMessageToSign(false))
-                .toString('hex'),
+              tx: RLP.encode(newFakeTx.getMessageToSign(false)).toString(),
             });
             return expectedRSV;
           });
diff --git a/src/ledger-keyring.ts b/src/ledger-keyring.ts
index bef198d3..24399214 100644
--- a/src/ledger-keyring.ts
+++ b/src/ledger-keyring.ts
@@ -1,9 +1,10 @@
+import { RLP } from '@ethereumjs/rlp';
 import { TransactionFactory, TxData, TypedTransaction } from '@ethereumjs/tx';
+import * as ethUtil from '@ethereumjs/util';
 // eslint-disable-next-line import/no-nodejs-modules
 import { Buffer } from 'buffer';
 import * as sigUtil from 'eth-sig-util';
 import type OldEthJsTransaction from 'ethereumjs-tx';
-import * as ethUtil from 'ethereumjs-util';
 // eslint-disable-next-line import/no-nodejs-modules
 import { EventEmitter } from 'events';
 import HDKey from 'hdkey';
@@ -333,7 +334,7 @@ export class LedgerKeyring extends EventEmitter {
 
     rawTxHex = Buffer.isBuffer(messageToSign)
       ? messageToSign.toString('hex')
-      : ethUtil.rlp.encode(messageToSign).toString('hex');
+      : RLP.encode(messageToSign).toString();
 
     return this.#signTransaction(address, rawTxHex, (payload) => {
       // Because tx will be immutable, first get a plain javascript object that
diff --git a/yarn.lock b/yarn.lock
index 43ad117a..25b6186d 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -507,7 +507,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@ethereumjs/rlp@npm:^4.0.1":
+"@ethereumjs/rlp@npm:^4.0.0, @ethereumjs/rlp@npm:^4.0.1":
   version: 4.0.1
   resolution: "@ethereumjs/rlp@npm:4.0.1"
   bin:
@@ -534,15 +534,14 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@ethereumjs/util@npm:^8.0.6":
-  version: 8.0.6
-  resolution: "@ethereumjs/util@npm:8.0.6"
+"@ethereumjs/util@npm:^8.0.0, @ethereumjs/util@npm:^8.0.6":
+  version: 8.1.0
+  resolution: "@ethereumjs/util@npm:8.1.0"
   dependencies:
-    "@chainsafe/ssz": ^0.11.1
     "@ethereumjs/rlp": ^4.0.1
     ethereum-cryptography: ^2.0.0
     micro-ftch: ^0.3.1
-  checksum: 034e06cddec27417318434a1a7cd7a9dc0f0b447c1f54423c515d8809c9697386eee6429d0a1c13517a85c696e6fdba570b243d882e65764c274859606027015
+  checksum: 9ae5dee8f12b0faf81cd83f06a41560e79b0ba96a48262771d897a510ecae605eb6d84f687da001ab8ccffd50f612ae50f988ef76e6312c752897f462f3ac08d
   languageName: node
   linkType: hard
 
@@ -1249,6 +1248,13 @@ __metadata:
   languageName: node
   linkType: hard
 
+"@ledgerhq/types-cryptoassets@npm:^7.6.0":
+  version: 7.6.0
+  resolution: "@ledgerhq/types-cryptoassets@npm:7.6.0"
+  checksum: a55b0bfaf6b5178259f79a0fd893b251ab57b7c31c64f84ec451976dcd4ca0a7b0f8f442429e4692018cce395116bdb55edefc312069fd1a43cd3f06f319b300
+  languageName: node
+  linkType: hard
+
 "@ledgerhq/types-live@npm:^6.32.1":
   version: 6.32.1
   resolution: "@ledgerhq/types-live@npm:6.32.1"
@@ -1337,16 +1343,19 @@ __metadata:
   resolution: "@metamask/eth-ledger-bridge-keyring@workspace:."
   dependencies:
     "@ethereumjs/common": ^3.1.1
+    "@ethereumjs/rlp": ^4.0.0
     "@ethereumjs/tx": ^4.1.1
+    "@ethereumjs/util": ^8.0.0
     "@lavamoat/allow-scripts": ^2.3.0
     "@ledgerhq/hw-app-eth": ^6.32.0
+    "@ledgerhq/types-cryptoassets": ^7.6.0
     "@metamask/auto-changelog": ^3.1.0
     "@metamask/eslint-config": ^11.0.1
     "@metamask/eslint-config-browser": ^11.0.0
     "@metamask/eslint-config-jest": ^11.0.0
     "@metamask/eslint-config-nodejs": ^11.0.0
     "@metamask/eslint-config-typescript": ^11.0.0
-    "@metamask/utils": ^5.0.0
+    "@metamask/utils": ^5.0.2
     "@types/eth-sig-util": ^2.1.1
     "@types/ethereumjs-tx": ^1.0.1
     "@types/hdkey": ^2.0.1
@@ -1364,7 +1373,6 @@ __metadata:
     eslint-plugin-prettier: ^4.2.1
     eth-sig-util: ^2.0.0
     ethereumjs-tx: ^1.3.4
-    ethereumjs-util: ^7.0.9
     hdkey: 0.8.0
     jest: ^28.1.3
     jest-it-up: ^2.2.0
@@ -1378,7 +1386,7 @@ __metadata:
   languageName: unknown
   linkType: soft
 
-"@metamask/utils@npm:^5.0.0":
+"@metamask/utils@npm:^5.0.2":
   version: 5.0.2
   resolution: "@metamask/utils@npm:5.0.2"
   dependencies:
@@ -1625,7 +1633,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@types/bn.js@npm:*, @types/bn.js@npm:^5.1.0":
+"@types/bn.js@npm:*":
   version: 5.1.1
   resolution: "@types/bn.js@npm:5.1.1"
   dependencies:
@@ -2567,7 +2575,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"bn.js@npm:^5.1.2, bn.js@npm:^5.2.0, bn.js@npm:^5.2.1":
+"bn.js@npm:^5.2.0, bn.js@npm:^5.2.1":
   version: 5.2.1
   resolution: "bn.js@npm:5.2.1"
   checksum: 3dd8c8d38055fedfa95c1d5fc3c99f8dd547b36287b37768db0abab3c239711f88ff58d18d155dd8ad902b0b0cee973747b7ae20ea12a09473272b0201c9edd3
@@ -3896,19 +3904,6 @@ __metadata:
   languageName: node
   linkType: hard
 
-"ethereumjs-util@npm:^7.0.9":
-  version: 7.1.5
-  resolution: "ethereumjs-util@npm:7.1.5"
-  dependencies:
-    "@types/bn.js": ^5.1.0
-    bn.js: ^5.1.2
-    create-hash: ^1.1.2
-    ethereum-cryptography: ^0.1.3
-    rlp: ^2.2.4
-  checksum: 27a3c79d6e06b2df34b80d478ce465b371c8458b58f5afc14d91c8564c13363ad336e6e83f57eb0bd719fde94d10ee5697ceef78b5aa932087150c5287b286d1
-  languageName: node
-  linkType: hard
-
 "ethjs-util@npm:0.1.6, ethjs-util@npm:^0.1.3":
   version: 0.1.6
   resolution: "ethjs-util@npm:0.1.6"
@@ -6987,7 +6982,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"rlp@npm:^2.0.0, rlp@npm:^2.2.3, rlp@npm:^2.2.4":
+"rlp@npm:^2.0.0, rlp@npm:^2.2.3":
   version: 2.2.7
   resolution: "rlp@npm:2.2.7"
   dependencies: