diff --git a/package-lock.json b/package-lock.json
index 63dbd4b708b..589743c678c 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,6 +1,6 @@
 {
   "name": "@woocommerce/block-library",
-  "version": "2.1.0-dev",
+  "version": "2.1.0-rc",
   "lockfileVersion": 1,
   "requires": true,
   "dependencies": {
diff --git a/package.json b/package.json
index d158aed446a..35db1cb5c51 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
   "name": "@woocommerce/block-library",
   "title": "WooCommerce Blocks",
   "author": "Automattic",
-  "version": "2.1.0-dev",
+  "version": "2.1.0-rc",
   "description": "WooCommerce blocks for the Gutenberg editor.",
   "homepage": "https://github.com/woocommerce/woocommerce-gutenberg-products-block/",
   "keywords": [
diff --git a/readme.txt b/readme.txt
index 1376640f270..7d0650b1317 100644
--- a/readme.txt
+++ b/readme.txt
@@ -83,6 +83,14 @@ Release and roadmap notes available on the [WooCommerce Developers Blog](https:/
 
 == Changelog ==
 
+= 2.1.0 - 2019-05-14 =
+
+- Feature: Add focal point picker to the Featured Product block, so you can adjust the background image position (only available on WP 5.2+ or with Gutenberg plugin).
+- Fix: Improved fetching products from API, so searching for products in Featured Product & Hand-picked Products is faster for stores with over 200 products.
+- Fix: It might be possible to request over 100 products for the editor preview, but this would cause an API error - we now limit the preview request to 100 products.
+- Build: Update build script to show visual progress indicator.
+- Build: Update packages
+
 = 2.0.1 - 2019-04-22 =
 
 - Fix: Fix warnings about blocks already being registered.
diff --git a/woocommerce-gutenberg-products-block.php b/woocommerce-gutenberg-products-block.php
index 9ac6ed44472..a0b69c4aedc 100644
--- a/woocommerce-gutenberg-products-block.php
+++ b/woocommerce-gutenberg-products-block.php
@@ -3,7 +3,7 @@
  * Plugin Name: WooCommerce Blocks
  * Plugin URI: https://github.com/woocommerce/woocommerce-gutenberg-products-block
  * Description: WooCommerce blocks for the Gutenberg editor.
- * Version: 2.1.0-dev
+ * Version: 2.1.0-rc
  * Author: Automattic
  * Author URI: https://woocommerce.com
  * Text Domain:  woo-gutenberg-products-block
@@ -15,7 +15,7 @@
 
 defined( 'ABSPATH' ) || die();
 
-define( 'WGPB_VERSION', '2.1.0-dev' );
+define( 'WGPB_VERSION', '2.1.0-rc' );
 define( 'WGPB_PLUGIN_FILE', __FILE__ );
 define( 'WGPB_ABSPATH', dirname( WGPB_PLUGIN_FILE ) . '/' );