diff --git a/CHANGELOG.md b/CHANGELOG.md
index 09cbd0b516..9b9e2c31e8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,23 @@
+Changes in [3.54.0](https://github.com/matrix-org/matrix-react-sdk/releases/tag/v3.54.0) (2022-09-13)
+=====================================================================================================
+
+## ✨ Features
+ * Device manager - hide unverified security recommendation when only current session is unverified ([\#9228](https://github.com/matrix-org/matrix-react-sdk/pull/9228)). Contributed by @kerryarchibald.
+ * Device manager - scroll to filtered list from security recommendations ([\#9227](https://github.com/matrix-org/matrix-react-sdk/pull/9227)). Contributed by @kerryarchibald.
+ * Device manager - updated dropdown style in filtered device list ([\#9226](https://github.com/matrix-org/matrix-react-sdk/pull/9226)). Contributed by @kerryarchibald.
+ * Device manager - device type and verification icons on device tile ([\#9197](https://github.com/matrix-org/matrix-react-sdk/pull/9197)). Contributed by @kerryarchibald.
+
+## 🐛 Bug Fixes
+ * Description of DM room with more than two other people is now being displayed correctly ([\#9231](https://github.com/matrix-org/matrix-react-sdk/pull/9231)). Fixes vector-im/element-web#23094.
+ * Fix voice messages with multiple composers ([\#9208](https://github.com/matrix-org/matrix-react-sdk/pull/9208)). Fixes vector-im/element-web#23023. Contributed by @grimhilt.
+ * Fix suggested rooms going missing ([\#9236](https://github.com/matrix-org/matrix-react-sdk/pull/9236)). Fixes vector-im/element-web#23190.
+ * Fix tooltip infinitely recursing ([\#9235](https://github.com/matrix-org/matrix-react-sdk/pull/9235)). Fixes matrix-org/element-web-rageshakes#15107, matrix-org/element-web-rageshakes#15093 matrix-org/element-web-rageshakes#15092 and matrix-org/element-web-rageshakes#15077.
+ * Fix plain text export saving ([\#9230](https://github.com/matrix-org/matrix-react-sdk/pull/9230)). Contributed by @jryans.
+ * Add missing space in SecurityRoomSettingsTab ([\#9222](https://github.com/matrix-org/matrix-react-sdk/pull/9222)). Contributed by @gefgu.
+ * Make use of js-sdk roomNameGenerator to handle i18n for generated room names ([\#9209](https://github.com/matrix-org/matrix-react-sdk/pull/9209)). Fixes vector-im/element-web#21369.
+ * Fix progress bar regression throughout the app ([\#9219](https://github.com/matrix-org/matrix-react-sdk/pull/9219)). Fixes vector-im/element-web#23121.
+ * Reuse empty string & space string logic for event types in devtools ([\#9218](https://github.com/matrix-org/matrix-react-sdk/pull/9218)). Fixes vector-im/element-web#23115.
+
 Changes in [3.53.0](https://github.com/matrix-org/matrix-react-sdk/releases/tag/v3.53.0) (2022-08-31)
 =====================================================================================================
 
diff --git a/package.json b/package.json
index b4f019f7ed..d454274a8b 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "matrix-react-sdk",
-  "version": "3.53.0",
+  "version": "3.54.0",
   "description": "SDK for matrix.org using React",
   "author": "matrix.org",
   "repository": {
@@ -23,7 +23,7 @@
     "package.json",
     ".stylelintrc.js"
   ],
-  "main": "./src/index.ts",
+  "main": "./lib/index.ts",
   "matrix_src_main": "./src/index.ts",
   "matrix_lib_main": "./lib/index.ts",
   "matrix_lib_typings": "./lib/index.d.ts",
@@ -93,7 +93,7 @@
     "maplibre-gl": "^1.15.2",
     "matrix-encrypt-attachment": "^1.0.3",
     "matrix-events-sdk": "^0.0.1-beta.7",
-    "matrix-js-sdk": "github:matrix-org/matrix-js-sdk#develop",
+    "matrix-js-sdk": "19.5.0",
     "matrix-widget-api": "^1.0.0",
     "minimist": "^1.2.5",
     "opus-recorder": "^8.0.3",
@@ -249,5 +249,6 @@
   "jestSonar": {
     "reportPath": "coverage",
     "sonar56x": true
-  }
+  },
+  "typings": "./lib/index.d.ts"
 }
diff --git a/yarn.lock b/yarn.lock
index 6af625bf8f..9a38fcc700 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -6778,9 +6778,10 @@ matrix-events-sdk@^0.0.1-beta.7:
   resolved "https://registry.yarnpkg.com/matrix-events-sdk/-/matrix-events-sdk-0.0.1-beta.7.tgz#5ffe45eba1f67cc8d7c2377736c728b322524934"
   integrity sha512-9jl4wtWanUFSy2sr2lCjErN/oC8KTAtaeaozJtrgot1JiQcEI4Rda9OLgQ7nLKaqb4Z/QUx/fR3XpDzm5Jy1JA==
 
-"matrix-js-sdk@github:matrix-org/matrix-js-sdk#develop":
-  version "19.4.0"
-  resolved "https://codeload.github.com/matrix-org/matrix-js-sdk/tar.gz/cbcf47d5c01b6799f85f8499124a042bdd37c061"
+matrix-js-sdk@19.5.0:
+  version "19.5.0"
+  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-19.5.0.tgz#debc8e92b2e73204c8d5bc9a128a2d0ec0a92ade"
+  integrity sha512-WTmXMwyhGjUVv3eR71P9wdZj4qqNPgzg9Ud7V6kB3avhZJTZlIpNdHuldXXUdPJ8WTDKY+/yDtEFLIg8pj2Q8A==
   dependencies:
     "@babel/runtime" "^7.12.5"
     another-json "^0.2.0"