diff --git a/CHANGELOG.md b/CHANGELOG.md
index 50b347547380..8f15e9d28a4c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -10,6 +10,17 @@ https://github.com/RasaHQ/rasa-private/tree/main/changelog/ . -->
 
 <!-- TOWNCRIER -->
 
+## [3.8.6] - 2024-05-27
+                       
+Rasa Pro 3.8.6 (2024-05-27)                            
+### Improvements
+- [#619](https://github.com/rasahq/rasa/issues/619): Adds `tracker_state` attribute to `OutputChannel`. It simplifies the access of tracker state for custom channel connector with `CollectingOutputChannel.tracker_state`.
+
+### Bugfixes
+- [#581](https://github.com/rasahq/rasa/issues/581): If a button in a response does not have a payload, socketio channel will use
+  the title as payload by default rather than throwing an exception.
+
+
 ## [3.8.5] - 2024-05-03
                        
 Rasa Pro 3.8.5 (2024-05-03)                            
diff --git a/changelog/581.bugfix.md b/changelog/581.bugfix.md
deleted file mode 100644
index e62354a483d7..000000000000
--- a/changelog/581.bugfix.md
+++ /dev/null
@@ -1,2 +0,0 @@
-If a button in a response does not have a payload, socketio channel will use
-the title as payload by default rather than throwing an exception.
diff --git a/changelog/619.improvement.md b/changelog/619.improvement.md
deleted file mode 100644
index 3781511839ea..000000000000
--- a/changelog/619.improvement.md
+++ /dev/null
@@ -1 +0,0 @@
-Adds `tracker_state` attribute to `OutputChannel`. It simplifies the access of tracker state for custom channel connector with `CollectingOutputChannel.tracker_state`.
diff --git a/pyproject.toml b/pyproject.toml
index a32d77354d65..e31af2a85e50 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -9,7 +9,7 @@ exclude = "((.eggs | .git | .pytest_cache | build | dist))"
 
 [tool.poetry]
 name = "rasa-pro"
-version = "3.8.5"
+version = "3.8.6"
 description = "State-of-the-art open-core Conversational AI framework for Enterprises that natively leverages generative AI for effortless assistant development."
 authors = [ "Rasa Technologies GmbH <hi@rasa.com>",]
 maintainers = [ "Tom Bocklisch <tom@rasa.com>",]
diff --git a/rasa/version.py b/rasa/version.py
index 61adc82c4f62..e1277833dcf0 100644
--- a/rasa/version.py
+++ b/rasa/version.py
@@ -1,3 +1,3 @@
 # this file will automatically be changed,
 # do not add anything but the version number here!
-__version__ = "3.8.5"
+__version__ = "3.8.6"