diff --git a/CHANGELOG.md b/CHANGELOG.md
index 989ee2e8f..583701a69 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,10 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [10.34.4]
+### Changed
+- Updated snaps execution environment ([#20420](https://github.com/MetaMask/metamask-extension/pull/20420))
+
 ## [10.34.3]
 ### Fixed
 - Ensure users phishing warning list is properly updated ([#20381](https://github.com/MetaMask/metamask-extension/pull/20381))
@@ -3881,7 +3885,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 ### Uncategorized
 - Added the ability to restore accounts from seed words.
 
-[Unreleased]: https://github.com/MetaMask/metamask-extension/compare/v10.34.3...HEAD
+[Unreleased]: https://github.com/MetaMask/metamask-extension/compare/v10.34.4...HEAD
+[10.34.4]: https://github.com/MetaMask/metamask-extension/compare/v10.34.3...v10.34.4
 [10.34.3]: https://github.com/MetaMask/metamask-extension/compare/v10.34.2...v10.34.3
 [10.34.2]: https://github.com/MetaMask/metamask-extension/compare/v10.34.1...v10.34.2
 [10.34.1]: https://github.com/MetaMask/metamask-extension/compare/v10.34.0...v10.34.1
diff --git a/builds.yml b/builds.yml
index 019da9378..26101ddac 100644
--- a/builds.yml
+++ b/builds.yml
@@ -52,7 +52,7 @@ buildTypes:
       - SEGMENT_FLASK_WRITE_KEY
       - ALLOW_LOCAL_SNAPS: true
       - REQUIRE_SNAPS_ALLOWLIST: false
-      - IFRAME_EXECUTION_ENVIRONMENT_URL: https://execution.metamask.io/0.35.2-flask.1/index.html
+      - IFRAME_EXECUTION_ENVIRONMENT_URL: https://execution.metamask.io/0.38.1-flask.1/index.html
       - SUPPORT_LINK: https://metamask-flask.zendesk.com/hc
       - SUPPORT_REQUEST_LINK: https://metamask-flask.zendesk.com/hc/en-us/requests/new
       - INFURA_ENV_KEY_REF: INFURA_FLASK_PROJECT_ID
@@ -71,7 +71,7 @@ buildTypes:
       - SEGMENT_FLASK_WRITE_KEY
       - ALLOW_LOCAL_SNAPS: true
       - REQUIRE_SNAPS_ALLOWLIST: false
-      - IFRAME_EXECUTION_ENVIRONMENT_URL: https://execution.metamask.io/0.35.2-flask.1/index.html
+      - IFRAME_EXECUTION_ENVIRONMENT_URL: https://execution.metamask.io/0.38.1-flask.1/index.html
       - SUPPORT_LINK: https://metamask-flask.zendesk.com/hc
       - SUPPORT_REQUEST_LINK: https://metamask-flask.zendesk.com/hc/en-us/requests/new
       - INFURA_ENV_KEY_REF: INFURA_FLASK_PROJECT_ID
diff --git a/package.json b/package.json
index 280eb8e0d..297c63612 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "metamask-crx",
-  "version": "10.34.3",
+  "version": "10.34.4",
   "private": true,
   "repository": {
     "type": "git",