diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8a448c26239..8ef90a8a226 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,15 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [12.0.0] - 2021-07-07
+### Added
+- Add GasFeeController to provide gas fee estimates [#494](https://github.com/MetaMask/controllers/pull/494)
+
+### Changed
+- **BREAKING**: Add chainId support to TokenRatesControllers [#476](https://github.com/MetaMask/controllers/pull/476)
+  - The breaking change here is that TokenRatesController constructor now requires a onNetworkStateChange listener
+- Add iconUrl to Token type in TokenListController [#512](https://github.com/MetaMask/controllers/pull/512)
+
 ## [11.0.0] - 2021-07-02
 ### Changed
 - We accidentally shipped a breaking change in v10.2.0. The changelog has been updated to explain the breaking change, and it has been republished as v11.0.0.
@@ -272,7 +281,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 ## Removed
 - Remove shapeshift controller (#209)
 
-[Unreleased]: https://github.com/MetaMask/controllers/compare/v11.0.0...HEAD
+[Unreleased]: https://github.com/MetaMask/controllers/compare/v12.0.0...HEAD
+[12.0.0]: https://github.com/MetaMask/controllers/compare/v11.0.0...v12.0.0
 [11.0.0]: https://github.com/MetaMask/controllers/compare/v10.2.0...v11.0.0
 [10.2.0]: https://github.com/MetaMask/controllers/compare/v10.1.0...v10.2.0
 [10.1.0]: https://github.com/MetaMask/controllers/compare/v10.0.0...v10.1.0
diff --git a/package.json b/package.json
index 07e8dd6c00c..a6ceb4724b7 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/controllers",
-  "version": "11.0.0",
+  "version": "12.0.0",
   "description": "Collection of platform-agnostic modules for creating secure data models for cryptocurrency wallets",
   "license": "MIT",
   "files": [