diff --git a/CHANGELOG.md b/CHANGELOG.md
index 95dfe3a88d..1b8c385208 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -14,6 +14,9 @@ and what APIs have changed, if applicable.
 
 ## [Unreleased]
 
+## [29.50.0] - 2024-01-31
+- Minor version bump due to internal LinkedIn tooling requirement. No functional changes.
+
 ## [29.49.9] - 2024-01-26
 - Introduce new config to randomly pick the xDS server host
 
@@ -5621,7 +5624,8 @@ patch operations can re-use these classes for generating patch messages.
 
 ## [0.14.1]
 
-[Unreleased]: https://github.com/linkedin/rest.li/compare/v29.49.9...master
+[Unreleased]: https://github.com/linkedin/rest.li/compare/v29.50.0...master
+[29.50.0]: https://github.com/linkedin/rest.li/compare/v29.49.9...v29.50.0
 [29.49.9]: https://github.com/linkedin/rest.li/compare/v29.49.8...v29.49.9
 [29.49.8]: https://github.com/linkedin/rest.li/compare/v29.49.7...v29.49.8
 [29.49.7]: https://github.com/linkedin/rest.li/compare/v29.49.6...v29.49.7
diff --git a/gradle.properties b/gradle.properties
index 575b423c0c..03f0cba22d 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,4 +1,4 @@
-version=29.49.9
+version=29.50.0
 group=com.linkedin.pegasus
 org.gradle.configureondemand=true
 org.gradle.parallel=true