diff --git a/CHANGELOG.md b/CHANGELOG.md
index d9f2d581..f55f8eb3 100755
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -130,3 +130,9 @@
 * Make suspend functions callable inside `test(worker) { }` by @psteiger in https://github.com/uber/RIBs/pull/624
 * [RibCoroutineWorker] In `asWorker()`, keep scope alive until lifecycl… by @psteiger in https://github.com/uber/RIBs/pull/625
 
+### Version 0.16.3
+* Fix Flipper Ribtree Plugin memory leak by @mamykin-andrey in https://github.com/uber/RIBs/pull/630
+* Support classes that are both `Worker` and `RibCoroutineWorker` in co… by @psteiger in https://github.com/uber/RIBs/pull/629
+* Increase buffer capacity for mutableRouterEvents flow within RibEvents by @RahulDMello in https://github.com/uber/RIBs/pull/635
+* Add test asserting Rx subscription is disposed after `RibCoroutineWor… by @psteiger in https://github.com/uber/RIBs/pull/628
+
diff --git a/README.md b/README.md
index 737a318e..34820de7 100644
--- a/README.md
+++ b/README.md
@@ -49,9 +49,9 @@ To integrate the recommended minimum setup for RIBs add the following to your `b
 
 ```gradle
 dependencies {
-  annotationProcessor 'com.uber.rib:rib-compiler-test:0.16.2'
-  implementation 'com.uber.rib:rib-android:0.16.2'
-  testImplementation 'com.uber.rib:rib-test:0.16.2'
+  annotationProcessor 'com.uber.rib:rib-compiler-test:0.16.3'
+  implementation 'com.uber.rib:rib-android:0.16.3'
+  testImplementation 'com.uber.rib:rib-test:0.16.3'
 }
 ```
 There are a number of extension packages available as well including Kotlin extensions, Jetpack Compose support, Coroutines support
diff --git a/android/gradle.properties b/android/gradle.properties
index 0959bc57..38d80c5d 100644
--- a/android/gradle.properties
+++ b/android/gradle.properties
@@ -13,7 +13,7 @@
 # org.gradle.parallel=true
 
 GROUP=com.uber.rib
-VERSION_NAME=0.16.3-SNAPSHOT
+VERSION_NAME=0.16.3
 POM_DESCRIPTION=RIBs is the cross-platform architecture behind many mobile apps at Uber. This framework is designed for mobile apps with a large number of engineers and nested states.
 POM_URL=https://github.com/uber/RIBs/
 POM_SCM_URL=https://github.com/uber/RIBs/
diff --git a/android/libraries/rib-coroutines-test/README.md b/android/libraries/rib-coroutines-test/README.md
index 1382cb97..5c451ace 100644
--- a/android/libraries/rib-coroutines-test/README.md
+++ b/android/libraries/rib-coroutines-test/README.md
@@ -5,7 +5,7 @@ This module is responsible for defining the coroutines test utils for the rib-co
 ## Installation
 ```gradle
 dependencies {
-  implementation 'com.uber.rib:rib-coroutines-test:0.16.2'
+  implementation 'com.uber.rib:rib-coroutines-test:0.16.3'
 }
 ```
 
diff --git a/android/libraries/rib-coroutines/README.md b/android/libraries/rib-coroutines/README.md
index 8c83eff1..8da609f4 100644
--- a/android/libraries/rib-coroutines/README.md
+++ b/android/libraries/rib-coroutines/README.md
@@ -5,7 +5,7 @@ This module is responsible for defining the coroutines extensions for the rib-ba
 ## Installation
 ```gradle
 dependencies {
-  implementation 'com.uber.rib:rib-coroutines:0.16.2'
+  implementation 'com.uber.rib:rib-coroutines:0.16.3'
 }
 ```