diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7fa65a2bba3..1ad9c4ad20b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,14 @@
+Changes in [31.5.0](https://github.com/matrix-org/matrix-js-sdk/releases/tag/v31.5.0) (2024-03-12)
+==================================================================================================
+## ✨ Features
+
+* Update MSC2965 OIDC Discovery implementation ([#4064](https://github.com/matrix-org/matrix-js-sdk/pull/4064)). Contributed by @t3chguy.
+
+## 🐛 Bug Fixes
+
+* Add basic retry for rust crypto outgoing requests ([#4061](https://github.com/matrix-org/matrix-js-sdk/pull/4061)). Contributed by @BillCarsonFr.
+
+
 Changes in [31.4.0](https://github.com/matrix-org/matrix-js-sdk/releases/tag/v31.4.0) (2024-02-27)
 ==================================================================================================
 ## ✨ Features
diff --git a/package.json b/package.json
index c2c160d8784..e1088af622b 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "matrix-js-sdk",
-    "version": "31.5.0-rc.0",
+    "version": "31.5.0",
     "description": "Matrix Client-Server SDK for Javascript",
     "engines": {
         "node": ">=18.0.0"