diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9b90e16..cd1abd6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+## v1.5.0
+
+### New features
+
+  * Add support for the `valkey://` scheme when using URIs.
+
 ## v1.4.2
 
 ### Bug fixes and improvements
diff --git a/mix.exs b/mix.exs
index 87a2816..f36243a 100644
--- a/mix.exs
+++ b/mix.exs
@@ -5,7 +5,7 @@ defmodule Redix.Mixfile do
 
   @repo_url "https://github.com/whatyouhide/redix"
 
-  @version "1.4.2"
+  @version "1.5.0"
 
   def project do
     [