diff --git a/Cargo.lock b/Cargo.lock
index 5c0c790b..59009271 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4602,9 +4602,9 @@ checksum = "cda74da7e1a664f795bb1f8a87ec406fb89a02522cf6e50620d016add6dbbf5c"
 
 [[package]]
 name = "tokio"
-version = "1.21.0"
+version = "1.21.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "89797afd69d206ccd11fb0ea560a44bbb87731d020670e79416d442919257d42"
+checksum = "0020c875007ad96677dcc890298f4b942882c5d4eb7cc8f439fc3bf813dc9c95"
 dependencies = [
  "autocfg",
  "bytes 1.2.1",
diff --git a/crates/axum-utils/Cargo.toml b/crates/axum-utils/Cargo.toml
index 3a2c6471..ba574b16 100644
--- a/crates/axum-utils/Cargo.toml
+++ b/crates/axum-utils/Cargo.toml
@@ -24,7 +24,7 @@ serde_urlencoded = "0.7.1"
 serde_json = "1.0.85"
 sqlx = "0.6.1"
 thiserror = "1.0.35"
-tokio = "1.20.1"
+tokio = "1.21.1"
 tower = { version = "0.4.13", features = ["util"] }
 tracing = "0.1.36"
 url = "2.3.1"
diff --git a/crates/cli/Cargo.toml b/crates/cli/Cargo.toml
index d4b07261..b6395046 100644
--- a/crates/cli/Cargo.toml
+++ b/crates/cli/Cargo.toml
@@ -6,7 +6,7 @@ edition = "2021"
 license = "Apache-2.0"
 
 [dependencies]
-tokio = { version = "1.20.1", features = ["full"] }
+tokio = { version = "1.21.1", features = ["full"] }
 futures = "0.3.24"
 anyhow = "1.0.64"
 clap = { version = "3.2.21", features = ["derive"] }
diff --git a/crates/config/Cargo.toml b/crates/config/Cargo.toml
index 0da61737..a59ad378 100644
--- a/crates/config/Cargo.toml
+++ b/crates/config/Cargo.toml
@@ -6,7 +6,7 @@ edition = "2021"
 license = "Apache-2.0"
 
 [dependencies]
-tokio = { version = "1.20.1", features = [] }
+tokio = { version = "1.21.1", features = [] }
 tracing = { version = "0.1.36", features = ["log"] }
 async-trait = "0.1.57"
 
diff --git a/crates/email/Cargo.toml b/crates/email/Cargo.toml
index 8b6ea335..79fc8137 100644
--- a/crates/email/Cargo.toml
+++ b/crates/email/Cargo.toml
@@ -8,7 +8,7 @@ license = "Apache-2.0"
 [dependencies]
 anyhow = "1.0.64"
 async-trait = "0.1.57"
-tokio = { version = "1.20.1", features = ["macros"] }
+tokio = { version = "1.21.1", features = ["macros"] }
 tracing = "0.1.36"
 aws-sdk-sesv2 = "0.18.0"
 aws-config = "0.48.0"
diff --git a/crates/handlers/Cargo.toml b/crates/handlers/Cargo.toml
index 8dda6d69..22483181 100644
--- a/crates/handlers/Cargo.toml
+++ b/crates/handlers/Cargo.toml
@@ -7,7 +7,7 @@ license = "Apache-2.0"
 
 [dependencies]
 # Async runtime
-tokio = { version = "1.20.1", features = ["macros"] }
+tokio = { version = "1.21.1", features = ["macros"] }
 
 # Logging and tracing
 tracing = "0.1.36"
diff --git a/crates/http/Cargo.toml b/crates/http/Cargo.toml
index 8f0867cd..a7f41d67 100644
--- a/crates/http/Cargo.toml
+++ b/crates/http/Cargo.toml
@@ -23,7 +23,7 @@ serde = "1.0.144"
 serde_json = "1.0.85"
 serde_urlencoded = "0.7.1"
 thiserror = "1.0.35"
-tokio = { version = "1.20.1", optional = true }
+tokio = { version = "1.21.1", optional = true }
 tower = { version = "0.4.13", features = ["timeout", "limit"] }
 tower-http = { version = "0.3.4", features = ["follow-redirect", "decompression-full", "set-header", "compression-full", "cors", "util"] }
 tracing = "0.1.36"
@@ -32,7 +32,7 @@ tracing-opentelemetry = "0.17.4"
 [dev-dependencies]
 anyhow = "1.0.64"
 serde = { version = "1.0.144", features = ["derive"] }
-tokio = { version = "1.20.1", features = ["macros", "rt"] }
+tokio = { version = "1.21.1", features = ["macros", "rt"] }
 tower = { version = "0.4.13", features = ["util"] }
 
 [features]
diff --git a/crates/iana-codegen/Cargo.toml b/crates/iana-codegen/Cargo.toml
index 5e707c3f..949df9b2 100644
--- a/crates/iana-codegen/Cargo.toml
+++ b/crates/iana-codegen/Cargo.toml
@@ -13,6 +13,6 @@ csv = "1.1.6"
 futures-util = "0.3.24"
 reqwest = { version = "0.11.11", features = ["blocking", "rustls-tls"], default-features = false }
 serde = { version = "1.0.144", features = ["derive"] }
-tokio = { version = "1.20.1", features = ["full"] }
+tokio = { version = "1.21.1", features = ["full"] }
 tracing = "0.1.36"
 tracing-subscriber = "0.3.15"
diff --git a/crates/policy/Cargo.toml b/crates/policy/Cargo.toml
index fc51ec3c..dac96d1f 100644
--- a/crates/policy/Cargo.toml
+++ b/crates/policy/Cargo.toml
@@ -11,7 +11,7 @@ opa-wasm = { git = "https://github.com/matrix-org/rust-opa-wasm.git" }
 serde = { version = "1.0.144", features = ["derive"] }
 serde_json = "1.0.85"
 thiserror = "1.0.35"
-tokio = { version = "1.20.1", features = ["io-util", "rt"] }
+tokio = { version = "1.21.1", features = ["io-util", "rt"] }
 tracing = "0.1.36"
 wasmtime = "0.40.1"
 
diff --git a/crates/storage/Cargo.toml b/crates/storage/Cargo.toml
index 83a6a6c8..14f399f4 100644
--- a/crates/storage/Cargo.toml
+++ b/crates/storage/Cargo.toml
@@ -6,7 +6,7 @@ edition = "2021"
 license = "Apache-2.0"
 
 [dependencies]
-tokio = "1.20.1"
+tokio = "1.21.1"
 sqlx = { version = "0.6.1", features = ["runtime-tokio-rustls", "postgres", "migrate", "chrono", "offline", "json"] }
 chrono = { version = "0.4.22", features = ["serde"] }
 serde = { version = "1.0.144", features = ["derive"] }
diff --git a/crates/tasks/Cargo.toml b/crates/tasks/Cargo.toml
index 87499a27..3709ae7d 100644
--- a/crates/tasks/Cargo.toml
+++ b/crates/tasks/Cargo.toml
@@ -6,7 +6,7 @@ edition = "2021"
 license = "Apache-2.0"
 
 [dependencies]
-tokio = "1.20.1"
+tokio = "1.21.1"
 async-trait = "0.1.57"
 tokio-stream = "0.1.9"
 futures-util = "0.3.24"
diff --git a/crates/templates/Cargo.toml b/crates/templates/Cargo.toml
index 0b041267..64d6ddc2 100644
--- a/crates/templates/Cargo.toml
+++ b/crates/templates/Cargo.toml
@@ -10,7 +10,7 @@ dev = []
 
 [dependencies]
 tracing = "0.1.36"
-tokio = { version = "1.20.1", features = ["macros"] }
+tokio = { version = "1.21.1", features = ["macros"] }
 
 anyhow = "1.0.64"
 thiserror = "1.0.35"