diff --git a/CHANGELOG.md b/CHANGELOG.md
index 30778b2303..378eb1fa85 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,26 @@
+Changes in [3.86.0](https://github.com/matrix-org/matrix-react-sdk/releases/tag/v3.86.0) (2023-12-05)
+=====================================================================================================
+## 🦖 Deprecations
+
+* Remove Quote from MessageContextMenu as it is unsupported by WYSIWYG ([#11914](https://github.com/matrix-org/matrix-react-sdk/pull/11914)). Contributed by @t3chguy.
+
+## ✨ Features
+
+* Always allow call.member events on new rooms ([#11948](https://github.com/matrix-org/matrix-react-sdk/pull/11948)). Contributed by @toger5.
+* Right panel: view third party invite info without clearing history ([#11934](https://github.com/matrix-org/matrix-react-sdk/pull/11934)). Contributed by @kerryarchibald.
+* Allow switching to system emoji font ([#11925](https://github.com/matrix-org/matrix-react-sdk/pull/11925)). Contributed by @t3chguy.
+* Update open in other tab message ([#11916](https://github.com/matrix-org/matrix-react-sdk/pull/11916)). Contributed by @weeman1337.
+* Add menu for legacy and element call in 1:1 rooms ([#11910](https://github.com/matrix-org/matrix-react-sdk/pull/11910)). Contributed by @toger5.
+* Add ringing for matrixRTC ([#11870](https://github.com/matrix-org/matrix-react-sdk/pull/11870)). Contributed by @toger5.
+
+## 🐛 Bug Fixes
+
+* Keep device language when it has been previosuly set, after a successful delegated authentication flow that clears localStorage ([#11902](https://github.com/matrix-org/matrix-react-sdk/pull/11902)). Contributed by @mgcm.
+* Fix misunderstanding of functional members ([#11918](https://github.com/matrix-org/matrix-react-sdk/pull/11918)). Contributed by @toger5.
+* Fix: Video Room Chat Header Button Removed ([#11911](https://github.com/matrix-org/matrix-react-sdk/pull/11911)). Contributed by @kerryarchibald.
+* Fix "not attempting encryption" warning ([#11899](https://github.com/matrix-org/matrix-react-sdk/pull/11899)). Contributed by @richvdh.
+
+
 Changes in [3.85.0](https://github.com/matrix-org/matrix-react-sdk/releases/tag/v3.85.0) (2023-11-21)
 =====================================================================================================
 ## ✨ Features
diff --git a/package.json b/package.json
index cea19f30aa..e3680c8441 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "matrix-react-sdk",
-    "version": "3.85.0",
+    "version": "3.86.0",
     "description": "SDK for matrix.org using React",
     "author": "matrix.org",
     "repository": {
@@ -23,7 +23,7 @@
         "package.json",
         ".stylelintrc.js"
     ],
-    "main": "./src/index.ts",
+    "main": "./lib/index.ts",
     "matrix_src_main": "./src/index.ts",
     "matrix_lib_main": "./lib/index.ts",
     "matrix_lib_typings": "./lib/index.d.ts",
@@ -67,6 +67,7 @@
         "@matrix-org/analytics-events": "^0.9.0",
         "@matrix-org/emojibase-bindings": "^1.1.2",
         "@matrix-org/matrix-wysiwyg": "2.17.0",
+        "@matrix-org/olm": "3.2.15",
         "@matrix-org/react-sdk-module-api": "^2.2.1",
         "@matrix-org/spec": "^1.7.0",
         "@sentry/browser": "^7.0.0",
@@ -103,7 +104,7 @@
         "maplibre-gl": "^2.0.0",
         "matrix-encrypt-attachment": "^1.0.3",
         "matrix-events-sdk": "0.0.1",
-        "matrix-js-sdk": "github:matrix-org/matrix-js-sdk#develop",
+        "matrix-js-sdk": "30.2.0",
         "matrix-widget-api": "^1.5.0",
         "memoize-one": "^6.0.0",
         "minimist": "^1.2.5",
@@ -130,6 +131,9 @@
         "what-input": "^5.2.10"
     },
     "devDependencies": {
+        "@action-validator/cli": "^0.5.3",
+        "@action-validator/core": "^0.5.3",
+        "@axe-core/playwright": "^4.8.1",
         "@babel/cli": "^7.12.10",
         "@babel/core": "^7.12.10",
         "@babel/eslint-parser": "^7.12.10",
@@ -239,5 +243,6 @@
         "outputDirectory": "coverage",
         "outputName": "jest-sonar-report.xml",
         "relativePaths": true
-    }
+    },
+    "typings": "./lib/index.d.ts"
 }
diff --git a/src/@types/global.d.ts b/src/@types/global.d.ts
index 39e1eacbc8..b1c8a4ec14 100644
--- a/src/@types/global.d.ts
+++ b/src/@types/global.d.ts
@@ -58,9 +58,6 @@ declare global {
     interface Window {
         matrixChat: ReturnType<Renderer>;
         mxMatrixClientPeg: IMatrixClientPeg;
-        Olm: {
-            init: () => Promise<void>;
-        };
         mxReactSdkConfig: DeepReadonly<IConfigOptions>;
 
         // Needed for Safari, unknown to TypeScript
diff --git a/yarn.lock b/yarn.lock
index 9a1dab194d..814da32f11 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1869,16 +1869,21 @@
     emojibase "^15.0.0"
     emojibase-data "^15.0.0"
 
-"@matrix-org/matrix-sdk-crypto-wasm@^3.0.1":
-  version "3.0.1"
-  resolved "https://registry.yarnpkg.com/@matrix-org/matrix-sdk-crypto-wasm/-/matrix-sdk-crypto-wasm-3.0.1.tgz#56a0376f8a389264bcf4d5325b378a71f18b7664"
-  integrity sha512-r0PBfUKlLHm67+fpIV21netX5+DujbY2XjJy7JUGJ55oW4XWBNbSf9vElfaQkrdt/iDscL/8I5PoD5lCuVW6zA==
+"@matrix-org/matrix-sdk-crypto-wasm@^3.1.0":
+  version "3.1.0"
+  resolved "https://registry.yarnpkg.com/@matrix-org/matrix-sdk-crypto-wasm/-/matrix-sdk-crypto-wasm-3.1.0.tgz#38d8707dd5bdad4e98a0a66bf266accfc401b3cd"
+  integrity sha512-jFl8jeL16u9pyo1NIdg6US4r+Srm7KixL+cMYVbRG8EwB4UpF4Bt+3TdBUhWGbVc1Qte1htdBjPs8ZB+gZWkYw==
 
 "@matrix-org/matrix-wysiwyg@2.17.0":
   version "2.17.0"
   resolved "https://registry.yarnpkg.com/@matrix-org/matrix-wysiwyg/-/matrix-wysiwyg-2.17.0.tgz#68c83da17826fb43828f0c1ddd8d6e0b9d155ae5"
   integrity sha512-PZGSrNqKCSdUnyUVglEvHrV8uowU3JuWUlYYKBslYnnIrJHw9aS2nnCpLVqwACFD6N82+L+Net8ME9i3qy7BGQ==
 
+"@matrix-org/olm@3.2.15":
+  version "3.2.15"
+  resolved "https://registry.yarnpkg.com/@matrix-org/olm/-/olm-3.2.15.tgz#55f3c1b70a21bbee3f9195cecd6846b1083451ec"
+  integrity sha512-S7lOrndAK9/8qOtaTq/WhttJC/o4GAzdfK0MUPpo8ApzsJEC0QjtwrkC3KBXdFP1cD1MXi/mlKR7aaoVMKgs6Q==
+
 "@matrix-org/react-sdk-module-api@^2.2.1":
   version "2.2.1"
   resolved "https://registry.yarnpkg.com/@matrix-org/react-sdk-module-api/-/react-sdk-module-api-2.2.1.tgz#308bcb42a780200d3e7994235376784b51819379"
@@ -7620,12 +7625,13 @@ 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@github:matrix-org/matrix-js-sdk#develop":
-  version "30.1.0"
-  resolved "https://codeload.github.com/matrix-org/matrix-js-sdk/tar.gz/b2018ef81b1b5be71cef073e85f77592a9dadae3"
+matrix-js-sdk@30.2.0:
+  version "30.2.0"
+  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-30.2.0.tgz#a260f0d6699ef1f2c4e06649e978bf653a78d02f"
+  integrity sha512-EUWL6JMbjvnvo/5MidHNZyrA6VfNavelMqLwlQ3v76Fui9ORTqDlgxO/zu9XB+dBInJNbyGmI3EjQOR7f1AQUA==
   dependencies:
     "@babel/runtime" "^7.12.5"
-    "@matrix-org/matrix-sdk-crypto-wasm" "^3.0.1"
+    "@matrix-org/matrix-sdk-crypto-wasm" "^3.1.0"
     another-json "^0.2.0"
     bs58 "^5.0.0"
     content-type "^1.0.4"