diff --git a/CMakeLists.txt b/CMakeLists.txt
index 843fb17c..bc594dd9 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -3,7 +3,7 @@ cmake_minimum_required(VERSION 3.10.2 FATAL_ERROR)
 #============================================================================
 # Initialize the project
 #============================================================================
-project(ignition-transport8 VERSION 8.4.0)
+project(ignition-transport8 VERSION 8.5.0)
 
 #============================================================================
 # Find ignition-cmake
diff --git a/Changelog.md b/Changelog.md
index 3d1eae8e..4d381039 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -1,5 +1,33 @@
 ## Ignition Transport 8
 
+### Gazebo Transport 8.5.0 (2024-01-05)
+
+1. Update github action workflows
+    * [Pull request #460](https://github.com/gazebosim/gz-transport/pull/460)
+    * [Pull request #391](https://github.com/gazebosim/gz-transport/pull/391)
+    * [Pull request #392](https://github.com/gazebosim/gz-transport/pull/392)
+
+1. Adds the subcommands for the log command
+    * [Pull request #451](https://github.com/gazebosim/gz-transport/pull/451)
+
+1. Fix topic/service list inconsistency
+    * [Pull request #415](https://github.com/gazebosim/gz-transport/pull/415)
+
+1. Backport Windows fix to ign-transport8
+    * [Pull request #406](https://github.com/gazebosim/gz-transport/pull/406)
+
+1. Fix compatibility with protobuf 22
+    * [Pull request #405](https://github.com/gazebosim/gz-transport/pull/405)
+
+1. Fix compiler warning and signedness issue
+    * [Pull request #401](https://github.com/gazebosim/gz-transport/pull/401)
+
+1. Support clang and std::filesystem
+    * [Pull request #390](https://github.com/gazebosim/gz-transport/pull/390)
+
+1. Pass std::function by value to Node::Subscribe
+    * [Pull request #382](https://github.com/gazebosim/gz-transport/pull/382)
+
 ### Gazebo Transport 8.4.0 (2022-11-17)
 
 1. ign -> gz : Remove redundant namespace references.