diff --git a/Cargo.lock b/Cargo.lock
index b27db051257..4630e85ff87 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -7120,7 +7120,7 @@ dependencies = [
 
 [[package]]
 name = "spl-token-cli"
-version = "3.1.1"
+version = "3.2.0"
 dependencies = [
  "assert_cmd",
  "base64 0.21.4",
diff --git a/token/cli/Cargo.toml b/token/cli/Cargo.toml
index a7c685f4146..99980515c0b 100644
--- a/token/cli/Cargo.toml
+++ b/token/cli/Cargo.toml
@@ -6,7 +6,7 @@ homepage = "https://spl.solana.com/token"
 license = "Apache-2.0"
 name = "spl-token-cli"
 repository = "https://github.com/solana-labs/solana-program-library"
-version = "3.1.1"
+version = "3.2.0"
 
 [build-dependencies]
 walkdir = "2"