diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5941b8ce9a..e8ffaafca5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Changelog
 
+## 1.1.1
+
+Update the version of Helm Chart.
+
 ## 1.1.0
 
 * SDK support for [SEP-1], [SEP-10], [SEP-12], [SEP-31] & [SEP-38].
diff --git a/build.gradle.kts b/build.gradle.kts
index a26c0db6e4..7eecaee1e4 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -110,7 +110,7 @@ subprojects {
 
 allprojects {
   group = "org.stellar.anchor-sdk"
-  version = "1.1.0"
+  version = "1.1.1"
 
   tasks.jar {
     manifest {
diff --git a/helm-charts/sep-service/Chart.yaml b/helm-charts/sep-service/Chart.yaml
index 936c1cfea4..2ca519d7ab 100644
--- a/helm-charts/sep-service/Chart.yaml
+++ b/helm-charts/sep-service/Chart.yaml
@@ -7,4 +7,4 @@ maintainers:
 sources:
   - https://github.com/stellar/java-stellar-anchor-sdk
 name: sep
-version: 0.3.87
+version: 0.3.88