diff --git a/CMake/Version.cmake b/CMake/Version.cmake
index dff88913d..cc6ca1fa7 100644
--- a/CMake/Version.cmake
+++ b/CMake/Version.cmake
@@ -1,5 +1,5 @@
-set(VERSION_MAJOR 1)
-set(VERSION_MINOR 12)
+set(VERSION_MAJOR 2)
+set(VERSION_MINOR 0)
 set(VERSION_PATCH 0)
 set(VERSION_COMMIT 0)
 
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 1dc6465f6..ec7822397 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -382,8 +382,8 @@ if(FLATBUFFERS_BUILD_SHAREDLIB)
   # - micro updated every release when there is no API/ABI changes
   # - minor updated when there are additions in API/ABI
   # - major (ABI number) updated when there are changes in ABI (or removals)
-  set(FlatBuffers_Library_SONAME_MAJOR "1")
-  set(FlatBuffers_Library_SONAME_FULL "${FlatBuffers_Library_SONAME_MAJOR}.12.0")
+  set(FlatBuffers_Library_SONAME_MAJOR "2")
+  set(FlatBuffers_Library_SONAME_FULL "${FlatBuffers_Library_SONAME_MAJOR}.0.0")
   set_target_properties(flatbuffers_shared PROPERTIES OUTPUT_NAME flatbuffers
                         SOVERSION "${FlatBuffers_Library_SONAME_MAJOR}"
                         VERSION "${FlatBuffers_Library_SONAME_FULL}")
diff --git a/include/flatbuffers/base.h b/include/flatbuffers/base.h
index 54a51aacb..cc9e22dcc 100644
--- a/include/flatbuffers/base.h
+++ b/include/flatbuffers/base.h
@@ -142,8 +142,8 @@
   #endif
 #endif // !defined(FLATBUFFERS_LITTLEENDIAN)
 
-#define FLATBUFFERS_VERSION_MAJOR 1
-#define FLATBUFFERS_VERSION_MINOR 12
+#define FLATBUFFERS_VERSION_MAJOR 2
+#define FLATBUFFERS_VERSION_MINOR 0
 #define FLATBUFFERS_VERSION_REVISION 0
 #define FLATBUFFERS_STRING_EXPAND(X) #X
 #define FLATBUFFERS_STRING(X) FLATBUFFERS_STRING_EXPAND(X)
diff --git a/rust/flatbuffers/Cargo.toml b/rust/flatbuffers/Cargo.toml
index 1dd1cf7f9..3a5d30160 100644
--- a/rust/flatbuffers/Cargo.toml
+++ b/rust/flatbuffers/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "flatbuffers"
-version = "0.9.0"
-edition = "2018"
+version = "2.0.0"
+edition = "2021"
 authors = ["Robert Winslow <hello@rwinslow.com>", "FlatBuffers Maintainers"]
 license = "Apache-2.0"
 description = "Official FlatBuffers Rust runtime library."
diff --git a/rust/flexbuffers/Cargo.toml b/rust/flexbuffers/Cargo.toml
index 30217ffe2..e4fa6fa54 100644
--- a/rust/flexbuffers/Cargo.toml
+++ b/rust/flexbuffers/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "flexbuffers"
-version = "0.3.0"
+version = "2.0.0"
 authors = ["Casper Neo <cneo@google.com>", "FlatBuffers Maintainers"]
 edition = "2018"
 license = "Apache-2.0"
diff --git a/tests/MyGame/Example/MonsterStorageGrpc.java b/tests/MyGame/Example/MonsterStorageGrpc.java
index 8e468d48f..40103aeb4 100644
--- a/tests/MyGame/Example/MonsterStorageGrpc.java
+++ b/tests/MyGame/Example/MonsterStorageGrpc.java
@@ -1,4 +1,4 @@
-//Generated by flatc compiler (version 1.12.0)
+//Generated by flatc compiler (version 2.0.0)
 //If you make any local changes, they will be lost
 //source: monster_test.fbs