diff --git a/api/src/shipit_api/admin/api.py b/api/src/shipit_api/admin/api.py
index 7908b4e9e..75a85ef15 100644
--- a/api/src/shipit_api/admin/api.py
+++ b/api/src/shipit_api/admin/api.py
@@ -28,7 +28,7 @@
     rendered_hook_payload,
 )
 from shipit_api.common.config import HG_PREFIX, PROJECT_NAME, PULSE_ROUTE_REBUILD_PRODUCT_DETAILS, SCOPE_PREFIX
-from shipit_api.common.models import DisabledProduct, Phase, Release, Signoff, XPIRelease
+from shipit_api.common.models import DisabledProduct, Phase, Release, Signoff, Version, XPIRelease
 from shipit_api.public.api import get_disabled_products, list_releases
 
 logger = logging.getLogger(__name__)
@@ -375,3 +375,52 @@ def get_signoff_emails(phases):
             additional_shipit_emails.update({signoff.completed_by for signoff in _phase.signoffs if signoff.completed_by is not None})
 
     return list(additional_shipit_emails)
+
+
+def get_product_channel_version(product, channel):
+    version = Version.query.filter_by(product_name=product, product_channel=channel).first()
+    if version:
+        return version.current_version
+    else:
+        return {"error": f"No version found for {product} {channel}."}, 404
+
+
+def update_product_channel_version(product, channel, body):
+    required_permission = f"{SCOPE_PREFIX}/update_product_channel_version/{product}/{channel}"
+    if not current_user.has_permissions(required_permission):
+        user_permissions = ", ".join(current_user.get_permissions())
+        abort(401, f"required permission: {required_permission}, user permissions: {user_permissions}")
+    version = Version.query.filter_by(product_name=product, product_channel=channel).first()
+    if version and version.current_version != body["version"]:
+        version.current_version = body["version"]
+        current_app.db.session.commit()
+        return {
+            "message": f"The version for {product} {channel} was updated successfully.",
+            "version": version.current_version,
+            "product": version.product_name,
+            "channel": version.product_channel,
+        }, 200
+    elif version and version.current_version == body["version"]:
+        return {"error": f"The {product} {channel} version is already {body['version']}!"}, 409
+    else:
+        return {"error": f"No version found for {product} {channel}."}, 404
+
+
+def create_product_channel_version(product, channel, body):
+    required_permission = f"{SCOPE_PREFIX}/create_product_channel_version/{product}/{channel}"
+    if not current_user.has_permissions(required_permission):
+        user_permissions = ", ".join(current_user.get_permissions())
+        abort(401, f"required permission: {required_permission}, user permissions: {user_permissions}")
+    existing_version = Version.query.filter_by(product_name=product, product_channel=channel).first()
+    if existing_version:
+        return {"error": f"A {product} {channel} version already exists."}, 409
+    else:
+        new_version = Version(product_name=product, product_channel=channel, current_version=body["version"])
+        current_app.db.session.add(new_version)
+        current_app.db.session.commit()
+        return {
+            "message": f"A {product} {channel} version was created successfully.",
+            "version": new_version.current_version,
+            "product": new_version.product_name,
+            "channel": new_version.product_channel,
+        }, 201
diff --git a/api/src/shipit_api/admin/api.yml b/api/src/shipit_api/admin/api.yml
index 9d309d99a..058f001fc 100644
--- a/api/src/shipit_api/admin/api.yml
+++ b/api/src/shipit_api/admin/api.yml
@@ -693,6 +693,167 @@ paths:
         "409":
           description: Already submitted
           content: {}
+  /versions/{product}/{channel}:
+    get:
+      summary: Get the current version for the given product channel
+      operationId: shipit_api.admin.api.get_product_channel_version
+      parameters:
+      - name: product
+        in: path
+        description: product name
+        required: true
+        schema:
+          type: string
+      - name: channel
+        in: path
+        description: product channel
+        required: true
+        schema:
+          type: string
+      responses:
+        "200":
+          description: The current version for the given product channel
+          content:
+            text/plain:
+              schema:
+                type: string
+                example: "127.0a1"
+        "404":
+          description: Product channel version not found
+          content:
+            application/json:
+              schema:
+                type: object
+                properties:
+                  error:
+                    type: string
+                    example: "No version found for firefox release."
+    post:
+      summary: Create a new product channel version
+      operationId: shipit_api.admin.api.create_product_channel_version
+      parameters:
+        - name: product
+          in: path
+          description: The product name for which the version is to be updated
+          required: true
+          schema:
+            type: string
+        - name: channel
+          in: path
+          description: product channel
+          required: true
+          schema:
+            type: string
+      requestBody:
+        description: Initial version for a new product channel
+        content:
+          application/json:
+            schema:
+              type: object
+              properties:
+                version:
+                  type: string
+                  example: "128.0a1"
+        required: true
+      responses:
+        "201":
+          description: Product channel version created successfully
+          content:
+            application/json:
+              schema:
+                type: object
+                properties:
+                  message:
+                    type: string
+                    example: "A firefox nightly version was created successfully."
+                  version:
+                    type: string
+                    example: "128.0a1"
+                  product:
+                    type: string
+                    example: "firefox"
+                  channel:
+                    type: string
+                    example: "nightly"
+        "409":
+          description: Product channel version already exists
+          content:
+            application/json:
+              schema:
+                type: object
+                properties:
+                  error:
+                    type: string
+                    example: "A firefox nightly version already exists."
+    put:
+      summary: Update an existing product channel's version
+      operationId: shipit_api.admin.api.update_product_channel_version
+      parameters:
+        - name: product
+          in: path
+          description: The product name for which the version is to be updated
+          required: true
+          schema:
+            type: string
+        - name: channel
+          in: path
+          description: product channel
+          required: true
+          schema:
+            type: string
+      requestBody:
+        description: A valid version for the product channel
+        content:
+          application/json:
+            schema:
+              type: object
+              properties:
+                version:
+                  type: string
+                  example: "129.0a1"
+        required: true
+      responses:
+        "200":
+          description: Product version updated successfully
+          content:
+            application/json:
+              schema:
+                type: object
+                properties:
+                  message:
+                    type: string
+                    example: "The version for firefox nightly was updated successfully."
+                  version:
+                    type: string
+                    example: "128.0a1"
+                  product:
+                    type: string
+                    example: "firefox"
+                  channel:
+                    type: string
+                    example: "nightly"
+        "409":
+          description: Product channel is already the given value
+          content:
+            application/json:
+              schema:
+                type: object
+                properties:
+                  error:
+                    type: string
+                    example: "The firefox nightly version is already 128.0a1!"
+        "404":
+          description: Product channel version not found
+          content:
+            application/json:
+              schema:
+                type: object
+                properties:
+                  error:
+                    type: string
+                    example: "No version found for firefox release."
+
+
 components:
   schemas:
     ReleaseInput:
diff --git a/api/src/shipit_api/common/models.py b/api/src/shipit_api/common/models.py
index df336feac..466f28e67 100644
--- a/api/src/shipit_api/common/models.py
+++ b/api/src/shipit_api/common/models.py
@@ -264,3 +264,12 @@ def json(self):
             "completed": self.completed or "",
             "phases": [p.json for p in self.phases],
         }
+
+
+class Version(db.Model):
+    __tablename__ = "shipit_api_versions"
+    id = sa.Column(sa.Integer, primary_key=True)
+    product_name = sa.Column(sa.String, unique=True, nullable=False)
+    product_channel = sa.Column(sa.String, nullable=False)
+    current_version = sa.Column(sa.String, nullable=False)
+    __table_args__ = (sa.UniqueConstraint("product_name", "product_channel", name="_product_name_channel_uc"),)