diff --git a/lib/version.py b/lib/version.py
index cd30f2e0..878d962c 100644
--- a/lib/version.py
+++ b/lib/version.py
@@ -1,2 +1,2 @@
-ELECTRUM_VERSION = "0.52"
+ELECTRUM_VERSION = "0.53"
 SEED_VERSION = 4  # bump this everytime the seed generation is modified