diff --git a/ElementX.xcodeproj/project.pbxproj b/ElementX.xcodeproj/project.pbxproj
index 8b8af17f9..41c5ecfdd 100644
--- a/ElementX.xcodeproj/project.pbxproj
+++ b/ElementX.xcodeproj/project.pbxproj
@@ -7380,7 +7380,7 @@
 			repositoryURL = "https://github.com/element-hq/matrix-rust-components-swift";
 			requirement = {
 				kind = exactVersion;
-				version = 1.0.15;
+				version = 1.0.16;
 			};
 		};
 		701C7BEF8F70F7A83E852DCC /* XCRemoteSwiftPackageReference "GZIP" */ = {
diff --git a/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved b/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
index 650e8a475..bf2d524c9 100644
--- a/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
+++ b/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
@@ -148,8 +148,8 @@
       "kind" : "remoteSourceControl",
       "location" : "https://github.com/element-hq/matrix-rust-components-swift",
       "state" : {
-        "revision" : "279994ebdb1aef807946b79306bbdd892cecd873",
-        "version" : "1.0.15"
+        "revision" : "52ff54bf80849c3a6725e24e8ea021a6aa67ab77",
+        "version" : "1.0.16"
       }
     },
     {
diff --git a/project.yml b/project.yml
index d20e856f2..d6a5e7345 100644
--- a/project.yml
+++ b/project.yml
@@ -49,7 +49,7 @@ packages:
   # Element/Matrix dependencies
   MatrixRustSDK:
     url: https://github.com/element-hq/matrix-rust-components-swift
-    exactVersion: 1.0.15
+    exactVersion: 1.0.16
     # path: ../matrix-rust-sdk
   Compound:
     url: https://github.com/element-hq/compound-ios