diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1992edfbe8d7361cfbd6089e2e9c1b2889295d5c..de10aed32dd10db4997b9ea057f05e0ff07e3ed0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,10 @@
+Changes in [37.8.0](https://github.com/matrix-org/matrix-js-sdk/releases/tag/v37.8.0) (2025-06-10)
+==================================================================================================
+## 🐛 Bug Fixes
+
+* [Backport staging] Update dependency @matrix-org/matrix-sdk-crypto-wasm to v14.2.1 ([#4869](https://github.com/matrix-org/matrix-js-sdk/pull/4869)). Contributed by @RiotRobot.
+
+
 Changes in [37.7.0](https://github.com/matrix-org/matrix-js-sdk/releases/tag/v37.7.0) (2025-06-03)
 ==================================================================================================
 ## 🦖 Deprecations
diff --git a/package.json b/package.json
index 9b377de55bd6525ceb84fb75a33201266623c2f6..74e36c4ae1f7d1b2528ce7f6caf43badcd0386be 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "matrix-js-sdk",
-    "version": "37.7.0",
+    "version": "37.8.0",
     "description": "Matrix Client-Server SDK for Javascript",
     "engines": {
         "node": ">=22.0.0"