diff --git a/package.json b/package.json
index bf871ae9d..201c2a5e8 100644
--- a/package.json
+++ b/package.json
@@ -1,5 +1,5 @@
 {
-  "version": "3.16.0",
+  "version": "3.16.1-beta.0",
   "private": true,
   "sideEffects": false,
   "type": "module",
diff --git a/packages/widget/package.json b/packages/widget/package.json
index 35a489e30..9ee17dfbd 100644
--- a/packages/widget/package.json
+++ b/packages/widget/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@lifi/widget",
-  "version": "3.16.0",
+  "version": "3.16.1-beta.0",
   "description": "LI.FI Widget for cross-chain bridging and swapping. It will drive your multi-chain strategy and attract new users from everywhere.",
   "type": "module",
   "main": "./src/index.ts",
diff --git a/packages/widget/src/config/version.ts b/packages/widget/src/config/version.ts
index 61ee5b47f..b23be0e76 100644
--- a/packages/widget/src/config/version.ts
+++ b/packages/widget/src/config/version.ts
@@ -1,2 +1,2 @@
 export const name = '@lifi/widget'
-export const version = '3.16.0'
+export const version = '3.16.1-beta.0'