diff --git a/src/seedsigner/controller.py b/src/seedsigner/controller.py
index 2cf7bef8..a03a160b 100644
--- a/src/seedsigner/controller.py
+++ b/src/seedsigner/controller.py
@@ -48,7 +48,7 @@ class Controller(Singleton):
         rather than at the top in order avoid circular imports.
     """
 
-    VERSION = "0.5.0-rc1"
+    VERSION = "0.5.0"
 
     # Declare class member vars with type hints to enable richer IDE support throughout
     # the code.