diff --git a/package.json b/package.json
index 5c40c3f09c..ec5b91632b 100644
--- a/package.json
+++ b/package.json
@@ -60,7 +60,7 @@
         "gfm.css": "^1.1.2",
         "jsrsasign": "^10.5.25",
         "katex": "^0.16.0",
-        "matrix-js-sdk": "github:matrix-org/matrix-js-sdk#develop",
+        "matrix-js-sdk": "23.4.0-rc.1",
         "matrix-react-sdk": "github:matrix-org/matrix-react-sdk#develop",
         "matrix-widget-api": "^1.1.1",
         "react": "17.0.2",
diff --git a/yarn.lock b/yarn.lock
index d563a006b5..e88a12b397 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -8252,6 +8252,24 @@ matrix-events-sdk@0.0.1:
   resolved "https://registry.yarnpkg.com/matrix-events-sdk/-/matrix-events-sdk-0.0.1.tgz#c8c38911e2cb29023b0bbac8d6f32e0de2c957dd"
   integrity sha512-1QEOsXO+bhyCroIe2/A5OwaxHvBm7EsSQ46DEDn8RBIfQwN5HWBpFvyWWR4QY0KHPPnnJdI99wgRiAl7Ad5qaA==
 
+matrix-js-sdk@23.4.0-rc.1:
+  version "23.4.0-rc.1"
+  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-23.4.0-rc.1.tgz#df5054c4d5d9f2a7cab46f4e5c575ef6a7c09e56"
+  integrity sha512-s1Vxd7/CFsUJlt+9BgWSR4nAiYHPvqhoOjYFHm9TR1dPbSKVqv4yDYp23fLcMH0/x5M7grN4L6oMq1EE/pfqlQ==
+  dependencies:
+    "@babel/runtime" "^7.12.5"
+    "@matrix-org/matrix-sdk-crypto-js" "^0.1.0-alpha.3"
+    another-json "^0.2.0"
+    bs58 "^5.0.0"
+    content-type "^1.0.4"
+    loglevel "^1.7.1"
+    matrix-events-sdk "0.0.1"
+    matrix-widget-api "^1.0.0"
+    p-retry "4"
+    sdp-transform "^2.14.1"
+    unhomoglyph "^1.0.6"
+    uuid "9"
+
 "matrix-js-sdk@github:matrix-org/matrix-js-sdk#develop":
   version "23.3.0"
   resolved "https://codeload.github.com/matrix-org/matrix-js-sdk/tar.gz/108f1573249b733870d287e11ce38531a73e15b0"