diff --git a/CMakeLists.txt b/CMakeLists.txt
index 69acf5e1580..add808ce1dc 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,6 +1,6 @@
 cmake_minimum_required(VERSION 3.15)
 
-project(Kuzu VERSION 0.6.0.8 LANGUAGES CXX C)
+project(Kuzu VERSION 0.7.0 LANGUAGES CXX C)
 
 option(SINGLE_THREADED "Single-threaded mode" FALSE)
 if(SINGLE_THREADED)
@@ -300,7 +300,7 @@ add_subdirectory(third_party)
 if(${BUILD_KUZU})
 add_definitions(-DKUZU_ROOT_DIRECTORY="${PROJECT_SOURCE_DIR}")
 add_definitions(-DKUZU_CMAKE_VERSION="${CMAKE_PROJECT_VERSION}")
-add_definitions(-DKUZU_EXTENSION_VERSION="0.5.2.6")
+add_definitions(-DKUZU_EXTENSION_VERSION="0.7.0")
 add_definitions(-DKUZU_PAGE_SIZE_LOG2=${PAGE_SIZE_LOG2})
 add_definitions(-DKUZU_VECTOR_CAPACITY_LOG2=${VECTOR_CAPACITY_LOG2})
 
diff --git a/examples/rust/Cargo.lock b/examples/rust/Cargo.lock
index 17418abf7b5..2d07a0e0fb1 100644
--- a/examples/rust/Cargo.lock
+++ b/examples/rust/Cargo.lock
@@ -445,7 +445,7 @@ dependencies = [
 
 [[package]]
 name = "kuzu"
-version = "0.5.0"
+version = "0.7.0"
 dependencies = [
  "arrow",
  "cmake",
diff --git a/scripts/extension/PRODUCTION_RELEASES b/scripts/extension/PRODUCTION_RELEASES
index 634faf506ff..14868fd0342 100644
--- a/scripts/extension/PRODUCTION_RELEASES
+++ b/scripts/extension/PRODUCTION_RELEASES
@@ -3,4 +3,6 @@ v0.3.0
 v0.3.1
 v0.5.0
 v0.5.1.3
+v0.6.1
+v0.7.0
 vdev
diff --git a/src/include/storage/storage_version_info.h b/src/include/storage/storage_version_info.h
index 8f5ece3b035..caa4042ba5c 100644
--- a/src/include/storage/storage_version_info.h
+++ b/src/include/storage/storage_version_info.h
@@ -13,12 +13,12 @@ using storage_version_t = uint64_t;
 
 struct StorageVersionInfo {
     static std::unordered_map<std::string, storage_version_t> getStorageVersionInfo() {
-        return {{"0.6.0.6", 33}, {"0.6.0.5", 32}, {"0.6.0.2", 31}, {"0.6.0.1", 31}, {"0.6.0", 28},
-            {"0.5.0", 28}, {"0.4.2", 27}, {"0.4.1", 27}, {"0.4.0", 27}, {"0.3.2", 26},
-            {"0.3.1", 26}, {"0.3.0", 26}, {"0.2.1", 25}, {"0.2.0", 25}, {"0.1.0", 24},
-            {"0.0.12.3", 24}, {"0.0.12.2", 24}, {"0.0.12.1", 24}, {"0.0.12", 23}, {"0.0.11", 23},
-            {"0.0.10", 23}, {"0.0.9", 23}, {"0.0.8", 17}, {"0.0.7", 15}, {"0.0.6", 9}, {"0.0.5", 8},
-            {"0.0.4", 7}, {"0.0.3", 1}};
+        return {{"0.7.0", 34}, {"0.6.0.6", 33}, {"0.6.0.5", 32}, {"0.6.0.2", 31}, {"0.6.0.1", 31},
+            {"0.6.0", 28}, {"0.5.0", 28}, {"0.4.2", 27}, {"0.4.1", 27}, {"0.4.0", 27},
+            {"0.3.2", 26}, {"0.3.1", 26}, {"0.3.0", 26}, {"0.2.1", 25}, {"0.2.0", 25},
+            {"0.1.0", 24}, {"0.0.12.3", 24}, {"0.0.12.2", 24}, {"0.0.12.1", 24}, {"0.0.12", 23},
+            {"0.0.11", 23}, {"0.0.10", 23}, {"0.0.9", 23}, {"0.0.8", 17}, {"0.0.7", 15},
+            {"0.0.6", 9}, {"0.0.5", 8}, {"0.0.4", 7}, {"0.0.3", 1}};
     }
 
     static KUZU_API storage_version_t getStorageVersion();
diff --git a/tools/rust_api/Cargo.lock b/tools/rust_api/Cargo.lock
index 532185507e5..fa84c9f1be7 100644
--- a/tools/rust_api/Cargo.lock
+++ b/tools/rust_api/Cargo.lock
@@ -467,7 +467,7 @@ dependencies = [
 
 [[package]]
 name = "kuzu"
-version = "0.5.0"
+version = "0.7.0"
 dependencies = [
  "anyhow",
  "arrow",
diff --git a/tools/rust_api/Cargo.toml b/tools/rust_api/Cargo.toml
index 2a1fcf2995f..f836023e95e 100644
--- a/tools/rust_api/Cargo.toml
+++ b/tools/rust_api/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "kuzu"
-version = "0.5.0"
+version = "0.7.0"
 description = "An in-process property graph database management system built for query speed and scalability"
 # Note: 1.72 required for testing due to latest dependencies of the arrow feature
 rust-version = "1.60"