diff --git a/Circles.Index.Rpc/CirclesRpcModule.cs b/Circles.Index.Rpc/CirclesRpcModule.cs
index 7df0c5a..158ad81 100644
--- a/Circles.Index.Rpc/CirclesRpcModule.cs
+++ b/Circles.Index.Rpc/CirclesRpcModule.cs
@@ -346,12 +346,14 @@ private List<CirclesTokenBalanceV2> V2CirclesTokenBalances(IEthRpcModule rpcModu
             if (asTimeCircles)
             {
                 var tcBalance = FormatTimeCircles(tokenBalance);
-                balances.Add(new CirclesTokenBalanceV2(tokenId, tcBalance, tokenId.ToHexString(true)));
+                Address tokenAddress = new(tokenIdBytes.Slice(32 - 20, 20));
+                balances.Add(new CirclesTokenBalanceV2(tokenId, tcBalance, tokenAddress.ToString(true, false)));
             }
             else
             {
+                Address tokenAddress = new(tokenIdBytes.Slice(32 - 20, 20));
                 balances.Add(new CirclesTokenBalanceV2(tokenId, tokenBalance.ToString(CultureInfo.InvariantCulture),
-                    tokenId.ToHexString(true)));
+                    tokenAddress.ToString(true, false)));
             }
         }
 
diff --git a/Circles.Index/Circles.Index.csproj b/Circles.Index/Circles.Index.csproj
index c4ccaa6..5c34097 100644
--- a/Circles.Index/Circles.Index.csproj
+++ b/Circles.Index/Circles.Index.csproj
@@ -8,8 +8,8 @@
         <Authors>Daniel Janz (Gnosis Service GmbH)</Authors>
         <Copyright>Gnosis Service GmbH</Copyright>
         <Product>Circles</Product>
-        <AssemblyVersion>1.4.1</AssemblyVersion>
-        <FileVersion>1.4.1</FileVersion>
+        <AssemblyVersion>1.5.0</AssemblyVersion>
+        <FileVersion>1.5.0</FileVersion>
     </PropertyGroup>