diff --git a/Cargo.lock b/Cargo.lock
index 9eb6e531..6ec39a31 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1149,7 +1149,7 @@ dependencies = [
 
 [[package]]
 name = "signatory"
-version = "0.27.0"
+version = "0.27.1"
 dependencies = [
  "ecdsa",
  "ed25519-dalek",
diff --git a/signatory/CHANGELOG.md b/signatory/CHANGELOG.md
index fdbd526b..0d376613 100644
--- a/signatory/CHANGELOG.md
+++ b/signatory/CHANGELOG.md
@@ -4,6 +4,12 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## 0.27.1 (2023-08-14)
+### Changed
+- Bump `ed25519-dalek` to v2.0 ([#1167])
+
+[#1167]: https://github.com/iqlusioninc/crates/pull/1167
+
 ## 0.27.0 (2023-04-05)
 ### Changed
 - Bump `ecdsa`to v0.16 ([#1105])
diff --git a/signatory/Cargo.toml b/signatory/Cargo.toml
index 9033ab0c..4cb8ebe2 100644
--- a/signatory/Cargo.toml
+++ b/signatory/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name         = "signatory"
 description  = "Multi-provider elliptic curve digital signature library with ECDSA and Ed25519 support"
-version      = "0.27.0"
+version      = "0.27.1"
 license      = "Apache-2.0 OR MIT"
 authors      = ["Tony Arcieri <tony@iqlusion.io>"]
 homepage     = "https://github.com/iqlusioninc/crates"