diff --git a/package.json b/package.json
index b1f2ea738af..b0d19a9938e 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/core-monorepo",
-  "version": "162.0.0",
+  "version": "163.0.0",
   "private": true,
   "description": "Monorepo for packages shared between MetaMask clients",
   "repository": {
diff --git a/packages/notification-services-controller/package.json b/packages/notification-services-controller/package.json
index cdd2c988be3..95762bb0504 100644
--- a/packages/notification-services-controller/package.json
+++ b/packages/notification-services-controller/package.json
@@ -45,7 +45,6 @@
     "@metamask/base-controller": "^6.0.0",
     "@metamask/controller-utils": "^11.0.0",
     "@metamask/keyring-controller": "^17.1.0",
-    "@metamask/profile-sync-controller": "^0.0.0",
     "bignumber.js": "^4.1.0",
     "contentful": "^10.3.6",
     "firebase": "^10.11.0",
@@ -67,8 +66,7 @@
     "typescript": "~4.9.5"
   },
   "peerDependencies": {
-    "@metamask/keyring-controller": "^17.0.0",
-    "@metamask/profile-sync-controller": "^0.0.0"
+    "@metamask/keyring-controller": "^17.0.0"
   },
   "engines": {
     "node": "^18.18 || >=20"
diff --git a/packages/profile-sync-controller/CHANGELOG.md b/packages/profile-sync-controller/CHANGELOG.md
index 8fcf72c699c..695bec498cc 100644
--- a/packages/profile-sync-controller/CHANGELOG.md
+++ b/packages/profile-sync-controller/CHANGELOG.md
@@ -7,8 +7,11 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.1.0]
+
 ### Added
 
 - Initial release
 
-[Unreleased]: https://github.com/MetaMask/core/
+[Unreleased]: https://github.com/MetaMask/core/compare/@metamask/profile-sync-controller@0.1.0...HEAD
+[0.1.0]: https://github.com/MetaMask/core/releases/tag/@metamask/profile-sync-controller@0.1.0
diff --git a/packages/profile-sync-controller/package.json b/packages/profile-sync-controller/package.json
index 5095bf124fe..346d998909f 100644
--- a/packages/profile-sync-controller/package.json
+++ b/packages/profile-sync-controller/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/profile-sync-controller",
-  "version": "0.0.0",
+  "version": "0.1.0",
   "description": "The profile sync helps developers synchronize data across multiple clients and devices in a privacy-preserving way. All data saved in the user storage database is encrypted client-side to preserve privacy. The user storage provides a modular design, giving developers the flexibility to construct and manage their storage spaces in a way that best suits their needs",
   "keywords": [
     "MetaMask",
diff --git a/yarn.lock b/yarn.lock
index b3347414e8f..d4dccf087ed 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3254,7 +3254,6 @@ __metadata:
     "@metamask/base-controller": ^6.0.0
     "@metamask/controller-utils": ^11.0.0
     "@metamask/keyring-controller": ^17.1.0
-    "@metamask/profile-sync-controller": ^0.0.0
     "@types/jest": ^27.4.1
     "@types/readable-stream": ^2.3.0
     bignumber.js: ^4.1.0
@@ -3272,7 +3271,6 @@ __metadata:
     uuid: ^8.3.2
   peerDependencies:
     "@metamask/keyring-controller": ^17.0.0
-    "@metamask/profile-sync-controller": ^0.0.0
   languageName: unknown
   linkType: soft
 
@@ -3465,7 +3463,7 @@ __metadata:
   languageName: unknown
   linkType: soft
 
-"@metamask/profile-sync-controller@^0.0.0, @metamask/profile-sync-controller@workspace:packages/profile-sync-controller":
+"@metamask/profile-sync-controller@workspace:packages/profile-sync-controller":
   version: 0.0.0-use.local
   resolution: "@metamask/profile-sync-controller@workspace:packages/profile-sync-controller"
   dependencies: