diff --git a/package.json b/package.json
index 3ac3d9077d..41e5b9a7b6 100644
--- a/package.json
+++ b/package.json
@@ -60,7 +60,7 @@
         "gfm.css": "^1.1.2",
         "jsrsasign": "^10.5.25",
         "katex": "^0.16.0",
-        "matrix-js-sdk": "github:matrix-org/matrix-js-sdk#develop",
+        "matrix-js-sdk": "23.0.0-rc.1",
         "matrix-react-sdk": "github:matrix-org/matrix-react-sdk#develop",
         "matrix-widget-api": "^1.1.1",
         "react": "17.0.2",
diff --git a/yarn.lock b/yarn.lock
index abb0d1960b..1baf8931c4 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -8158,6 +8158,24 @@ matrix-events-sdk@0.0.1:
   resolved "https://registry.yarnpkg.com/matrix-events-sdk/-/matrix-events-sdk-0.0.1.tgz#c8c38911e2cb29023b0bbac8d6f32e0de2c957dd"
   integrity sha512-1QEOsXO+bhyCroIe2/A5OwaxHvBm7EsSQ46DEDn8RBIfQwN5HWBpFvyWWR4QY0KHPPnnJdI99wgRiAl7Ad5qaA==
 
+matrix-js-sdk@23.0.0-rc.1:
+  version "23.0.0-rc.1"
+  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-23.0.0-rc.1.tgz#5a258eccf8d5be48cf9a79198d7f438e7a8356c8"
+  integrity sha512-MnNs0q7X6c0mZWP6MbPtHvNEOZevVaFk2/ucnk/O84dgEefKgDpqFRGqhRsi+eiLZpKNQ5/iHJD8MuCt46vzVQ==
+  dependencies:
+    "@babel/runtime" "^7.12.5"
+    another-json "^0.2.0"
+    bs58 "^5.0.0"
+    content-type "^1.0.4"
+    loglevel "^1.7.1"
+    matrix-events-sdk "0.0.1"
+    matrix-widget-api "^1.0.0"
+    p-retry "4"
+    qs "^6.9.6"
+    sdp-transform "^2.14.1"
+    unhomoglyph "^1.0.6"
+    uuid "7"
+
 "matrix-js-sdk@github:matrix-org/matrix-js-sdk#develop":
   version "22.0.0"
   resolved "https://codeload.github.com/matrix-org/matrix-js-sdk/tar.gz/ccab6985ad5567960fa9bc4cd95fc39241560b80"