diff --git a/CHANGES.md b/CHANGES.md
index 41b4b44eaa..14e28a2c31 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -23,6 +23,7 @@
 - Fix wrong board size presets in Android [Taiga #12339](https://tree.taiga.io/project/penpot/issue/12339)
 - Fix problem with grid layout components and auto sizing [Github #7797](https://github.com/penpot/penpot/issues/7797)
 - Fix some alignments on inspect tab [Taiga #12915](https://tree.taiga.io/project/penpot/issue/12915)
+- Fix color assets from shared libraries not appearing as assets in Selected colors panel [Taiga #12957](https://tree.taiga.io/project/penpot/issue/12957)
 
 
 ## 2.12.1
diff --git a/frontend/src/app/main/data/workspace/colors.cljs b/frontend/src/app/main/data/workspace/colors.cljs
index 5856cec029..48f20f7f51 100644
--- a/frontend/src/app/main/data/workspace/colors.cljs
+++ b/frontend/src/app/main/data/workspace/colors.cljs
@@ -1122,7 +1122,7 @@
         ref-id     (:stroke-color-ref-id stroke)
 
         colors     (-> libraries
-                       (get ref-id)
+                       (get ref-file)
                        (get :data)
                        (ctl/get-colors))
         shared?    (contains? colors ref-id)
@@ -1167,7 +1167,7 @@
         ref-file (get color :ref-file)
         ref-id   (get color :ref-id)
         colors   (-> libraries
-                     (get ref-id)
+                     (get ref-file)
                      (get :data)
                      (ctl/get-colors))
         shared?  (contains? colors ref-id)
@@ -1184,7 +1184,7 @@
   (let [ref-file (:fill-color-ref-file fill)
         ref-id   (:fill-color-ref-id fill)
         colors   (-> libraries
-                     (get ref-id)
+                     (get ref-file)
                      (get :data)
                      (ctl/get-colors))
 
@@ -1232,7 +1232,7 @@
         ref-id     (:fill-color-ref-id fill)
 
         colors     (-> libraries
-                       (get ref-id)
+                       (get ref-file)
                        (get :data)
                        (ctl/get-colors))
         shared?    (contains? colors ref-id)
diff --git a/frontend/src/app/main/ui/workspace/sidebar/options.cljs b/frontend/src/app/main/ui/workspace/sidebar/options.cljs
index 8cc8ceb903..8e0ba6ad8f 100644
--- a/frontend/src/app/main/ui/workspace/sidebar/options.cljs
+++ b/frontend/src/app/main/ui/workspace/sidebar/options.cljs
@@ -54,7 +54,7 @@
         modifiers  (dm/get-in modifiers [shape-id :modifiers])
 
         shape      (gsh/transform-shape shape modifiers)
-        props      (mf/spread-props props {:shape shape :file-id file-id :page-id page-id})]
+        props      (mf/spread-props props {:shape shape :file-id file-id :page-id page-id :libraries libraries})]
 
     (case shape-type
       :frame   [:> frame/options* props]