diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3af4cec9..96530278 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,11 +2,19 @@
 
 ## Unreleased
 
-- Dropped support for Ruby 3.0 (#796)
+## 2.3.2 (2024-05-08)
+
+- Refactor: First pass of Pundit::Context (#797)
+
+## Changed
 
 - Update `ApplicationPolicy` generator to qualify the `Scope` class name (#792)
 - Policy generator uses `NoMethodError` to indicate `#resolve` is not implemented (#776)
 
+## Deprecated
+
+- Dropped support for Ruby 3.0 (#796)
+
 ## 2.3.1 (2023-07-17)
 
 ### Fixed
diff --git a/lib/pundit/version.rb b/lib/pundit/version.rb
index c7eec700..6cdaa20e 100644
--- a/lib/pundit/version.rb
+++ b/lib/pundit/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 module Pundit
-  VERSION = "2.3.1"
+  VERSION = "2.3.2"
 end