diff --git a/CHANGELOG.txt b/CHANGELOG.txt
index 9c313c18a..7fba70136 100644
--- a/CHANGELOG.txt
+++ b/CHANGELOG.txt
@@ -1,6 +1,12 @@
 Full release notes, with more details and upgrade information, are available at:
 https://channels.readthedocs.io/en/latest/releases
 
+2.3.1 (2019-10-23)
+------------------
+
+* Adds compatibility with Python 3.8.
+
+
 2.3.0 (2019-09-18)
 ------------------
 
diff --git a/channels/__init__.py b/channels/__init__.py
index 1b8c9751e..0348a6691 100644
--- a/channels/__init__.py
+++ b/channels/__init__.py
@@ -1,4 +1,4 @@
-__version__ = "2.3.0"
+__version__ = "2.3.1"
 
 default_app_config = "channels.apps.ChannelsConfig"
 DEFAULT_CHANNEL_LAYER = "default"