diff --git a/Cargo.lock b/Cargo.lock
index a468bf1f7..3db258b3f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1194,7 +1194,7 @@ dependencies = [
 
 [[package]]
 name = "soroban-ledger-snapshot"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "pretty_assertions",
  "serde",
@@ -1207,7 +1207,7 @@ dependencies = [
 
 [[package]]
 name = "soroban-sdk"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "arbitrary",
  "bytes-lit",
@@ -1231,7 +1231,7 @@ dependencies = [
 
 [[package]]
 name = "soroban-sdk-macros"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "crate-git-revision",
  "darling",
@@ -1249,7 +1249,7 @@ dependencies = [
 
 [[package]]
 name = "soroban-spec"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "base64 0.13.1",
  "pretty_assertions",
@@ -1260,7 +1260,7 @@ dependencies = [
 
 [[package]]
 name = "soroban-spec-rust"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "pretty_assertions",
  "prettyplease",
@@ -1275,7 +1275,7 @@ dependencies = [
 
 [[package]]
 name = "soroban-token-sdk"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
@@ -1380,126 +1380,126 @@ dependencies = [
 
 [[package]]
 name = "test_account"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_add_i128"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_add_u128"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_add_u64"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_alloc"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_auth"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_contract_data"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_empty"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_empty2"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_errors"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_events"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_fuzz"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_import_contract"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_invoke_contract"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_logging"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_multiimpl"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_udt"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_workspace_contract"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
  "test_workspace_lib",
@@ -1507,7 +1507,7 @@ dependencies = [
 
 [[package]]
 name = "test_workspace_lib"
-version = "21.1.0-rc.1"
+version = "21.1.1"
 dependencies = [
  "soroban-sdk",
 ]
diff --git a/Cargo.toml b/Cargo.toml
index d953af01e..982080a5e 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -12,16 +12,16 @@ members = [
 ]
 
 [workspace.package]
-version = "21.1.0-rc.1"
+version = "21.1.1"
 rust-version = "1.74.0"
 
 [workspace.dependencies]
-soroban-sdk = { version = "21.1.0-rc.1", path = "soroban-sdk" }
-soroban-sdk-macros = { version = "21.1.0-rc.1", path = "soroban-sdk-macros" }
-soroban-spec = { version = "21.1.0-rc.1", path = "soroban-spec" }
-soroban-spec-rust = { version = "21.1.0-rc.1", path = "soroban-spec-rust" }
-soroban-ledger-snapshot = { version = "21.1.0-rc.1", path = "soroban-ledger-snapshot" }
-soroban-token-sdk = { version = "21.1.0-rc.1", path = "soroban-token-sdk" }
+soroban-sdk = { version = "21.1.1", path = "soroban-sdk" }
+soroban-sdk-macros = { version = "21.1.1", path = "soroban-sdk-macros" }
+soroban-spec = { version = "21.1.1", path = "soroban-spec" }
+soroban-spec-rust = { version = "21.1.1", path = "soroban-spec-rust" }
+soroban-ledger-snapshot = { version = "21.1.1", path = "soroban-ledger-snapshot" }
+soroban-token-sdk = { version = "21.1.1", path = "soroban-token-sdk" }
 
 [workspace.dependencies.soroban-env-common]
 version = "=21.1.2"