diff --git a/History.md b/History.md
index 50f5e9d..4280a72 100644
--- a/History.md
+++ b/History.md
@@ -1,6 +1,6 @@
 # Liquid Change Log
 
-### Unreleased
+## 5.0.0 / 2021-01-06
 
 ### Features
 * Add new `{% render %}` tag (#1122) [Samuel Doiron]
diff --git a/lib/liquid/version.rb b/lib/liquid/version.rb
index 9af2973..5145a9f 100644
--- a/lib/liquid/version.rb
+++ b/lib/liquid/version.rb
@@ -2,5 +2,5 @@
 # frozen_string_literal: true
 
 module Liquid
-  VERSION = "4.0.3"
+  VERSION = "5.0.0"
 end