diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index 866d8c43..d4a4543d 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -1,13 +1,13 @@
 [package]
 org = "ballerina"
 name = "crypto"
-version = "2.8.1"
+version = "2.9.0"
 authors = ["Ballerina"]
 keywords = ["security", "hash", "hmac", "sign", "encrypt", "decrypt", "private key", "public key"]
 repository = "https://github.com/ballerina-platform/module-ballerina-crypto"
 icon = "icon.png"
 license = ["Apache-2.0"]
-distribution = "2201.11.0"
+distribution = "2201.12.0"
 
 [platform.java21]
 graalvmCompatible = true
@@ -15,8 +15,8 @@ graalvmCompatible = true
 [[platform.java21.dependency]]
 groupId = "io.ballerina.stdlib"
 artifactId = "crypto-native"
-version = "2.8.1"
-path = "../native/build/libs/crypto-native-2.8.1-SNAPSHOT.jar"
+version = "2.9.0"
+path = "../native/build/libs/crypto-native-2.9.0-SNAPSHOT.jar"
 
 [[platform.java21.dependency]]
 groupId = "org.bouncycastle"
diff --git a/ballerina/Dependencies.toml b/ballerina/Dependencies.toml
index 292522ef..3b8736e0 100644
--- a/ballerina/Dependencies.toml
+++ b/ballerina/Dependencies.toml
@@ -10,7 +10,7 @@ distribution-version = "2201.12.0-20250228-201300-8d411a0f"
 [[package]]
 org = "ballerina"
 name = "crypto"
-version = "2.8.1"
+version = "2.9.0"
 dependencies = [
 	{org = "ballerina", name = "io"},
 	{org = "ballerina", name = "jballerina.java"},
@@ -25,7 +25,7 @@ modules = [
 [[package]]
 org = "ballerina"
 name = "io"
-version = "1.7.0"
+version = "1.8.0"
 scope = "testOnly"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"},
@@ -107,7 +107,7 @@ modules = [
 [[package]]
 org = "ballerina"
 name = "time"
-version = "2.6.0"
+version = "2.7.0"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"}
 ]
diff --git a/gradle.properties b/gradle.properties
index b945f88b..6cc6215c 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -11,5 +11,5 @@ ballerinaGradlePluginVersion=2.3.0
 nativeImageVersion=22.2.0
 
 ballerinaLangVersion=2201.12.0-20250228-201300-8d411a0f
-stdlibTimeVersion=2.6.0
-stdlibIoVersion=1.7.0
+stdlibTimeVersion=2.7.0-20250304-133100-009bfd7
+stdlibIoVersion=1.8.0-20250304-133300-967a7a4