diff --git a/CMakeLists.txt b/CMakeLists.txt
index 23bef114..ea763b44 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -26,7 +26,7 @@ if(NOT ${CMAKE_VERSION} VERSION_LESS "3.18.0")
 endif()
 
 set(LIBM2K_VERSION_MAJOR 0)
-set(LIBM2K_VERSION_MINOR 7)
+set(LIBM2K_VERSION_MINOR 8)
 set(LIBM2K_VERSION_PATCH 0)
 set(LIBM2K_VERSION "${LIBM2K_VERSION_MAJOR}.${LIBM2K_VERSION_MINOR}.${LIBM2K_VERSION_PATCH}")
 
diff --git a/bindings/matlab/deps.bat b/bindings/matlab/deps.bat
index 55921e49..e65937bf 100644
--- a/bindings/matlab/deps.bat
+++ b/bindings/matlab/deps.bat
@@ -12,7 +12,7 @@ mkdir deps\include
 powershell -Command "Get-ChildItem -Path libiio -Recurse -Filter iio.h | Copy-Item -Destination deps/include "
 
 ::libm2k
-git clone -b v0.7.0 https://github.com/analogdevicesinc/libm2k.git
+git clone -b v0.8.0 https://github.com/analogdevicesinc/libm2k.git
 cd libm2k
 mkdir build
 cd build