diff --git a/ElementX.xcodeproj/project.pbxproj b/ElementX.xcodeproj/project.pbxproj
index 41e98c856..2710efaf0 100644
--- a/ElementX.xcodeproj/project.pbxproj
+++ b/ElementX.xcodeproj/project.pbxproj
@@ -5031,7 +5031,7 @@
 			repositoryURL = "https://github.com/matrix-org/matrix-rust-components-swift";
 			requirement = {
 				kind = exactVersion;
-				version = "1.0.85-alpha";
+				version = "1.0.86-alpha";
 			};
 		};
 		96495DD8554E2F39D3954354 /* XCRemoteSwiftPackageReference "posthog-ios" */ = {
diff --git a/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved b/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
index b0577b421..37fc3f5f1 100644
--- a/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
+++ b/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
@@ -111,8 +111,8 @@
       "kind" : "remoteSourceControl",
       "location" : "https://github.com/matrix-org/matrix-rust-components-swift",
       "state" : {
-        "revision" : "2b6f3ad8497fa5fd02e3187dba0af9f3d64e1a2a",
-        "version" : "1.0.85-alpha"
+        "revision" : "b3ea97e27c1398db986929fe0132ae1024d2ed25",
+        "version" : "1.0.86-alpha"
       }
     },
     {
diff --git a/project.yml b/project.yml
index 83f857193..0f4a6b36d 100644
--- a/project.yml
+++ b/project.yml
@@ -44,7 +44,7 @@ include:
 packages:
   MatrixRustSDK:
     url: https://github.com/matrix-org/matrix-rust-components-swift
-    exactVersion: 1.0.85-alpha
+    exactVersion: 1.0.86-alpha
     # path: ../matrix-rust-sdk
   DesignKit:
     path: DesignKit