diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index aca3a494..8d17a8e5 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "2.3.1"
+  ".": "2.3.2"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 86fc7ce9..ab597a8c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,14 @@ All notable changes to PicPeak will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [2.3.2](https://github.com/the-luap/picpeak/compare/v2.3.1...v2.3.2) (2026-01-15)
+
+
+### Bug Fixes
+
+* watermark thumbnails, custom logo display, and German translations ([f843e4c](https://github.com/the-luap/picpeak/commit/f843e4c25cef02eef354fd3ee25824e20e4f8fc8))
+* watermark thumbnails, custom logo display, and German translations ([ea20446](https://github.com/the-luap/picpeak/commit/ea20446a797a00cf45dbe7bf6f06574a79c4d8a6))
+
 ## [2.3.1](https://github.com/the-luap/picpeak/compare/v2.3.0...v2.3.1) (2026-01-15)
 
 
diff --git a/backend/package.json b/backend/package.json
index 679ee516..f15decc1 100644
--- a/backend/package.json
+++ b/backend/package.json
@@ -1,6 +1,6 @@
 {
   "name": "picpeak-backend",
-  "version": "2.3.1",
+  "version": "2.3.2",
   "description": "Backend for PicPeak event photo sharing platform",
   "main": "server.js",
   "scripts": {
diff --git a/frontend/package.json b/frontend/package.json
index fddca604..bd24f3d3 100644
--- a/frontend/package.json
+++ b/frontend/package.json
@@ -1,7 +1,7 @@
 {
   "name": "picpeak-frontend",
   "private": true,
-  "version": "2.3.1",
+  "version": "2.3.2",
   "type": "module",
   "scripts": {
     "dev": "vite",