diff --git a/pallas-traverse/src/lib.rs b/pallas-traverse/src/lib.rs
index 692f847..dc77935 100644
--- a/pallas-traverse/src/lib.rs
+++ b/pallas-traverse/src/lib.rs
@@ -26,6 +26,7 @@ pub mod signers;
 pub mod size;
 pub mod time;
 pub mod tx;
+pub mod update;
 pub mod withdrawals;
 pub mod witnesses;
 
@@ -139,6 +140,14 @@ pub enum MultiEraWithdrawals<'b> {
     AlonzoCompatible(&'b alonzo::Withdrawals),
 }
 
+#[derive(Debug, Clone)]
+#[non_exhaustive]
+pub enum MultiEraUpdate<'b> {
+    NotApplicable,
+    AlonzoCompatible(Box<Cow<'b, alonzo::Update>>),
+    Babbage(Box<Cow<'b, babbage::Update>>),
+}
+
 #[derive(Debug, Clone)]
 #[non_exhaustive]
 pub enum MultiEraSigners<'b> {
diff --git a/pallas-traverse/src/tx.rs b/pallas-traverse/src/tx.rs
index 356b0df..978209d 100644
--- a/pallas-traverse/src/tx.rs
+++ b/pallas-traverse/src/tx.rs
@@ -10,7 +10,7 @@ use pallas_primitives::{
 
 use crate::{
     Era, MultiEraCert, MultiEraInput, MultiEraMeta, MultiEraOutput, MultiEraPolicyAssets,
-    MultiEraSigners, MultiEraTx, MultiEraWithdrawals, OriginalHash,
+    MultiEraSigners, MultiEraTx, MultiEraUpdate, MultiEraWithdrawals, OriginalHash,
 };
 
 impl<'b> MultiEraTx<'b> {
@@ -182,6 +182,22 @@ impl<'b> MultiEraTx<'b> {
         }
     }
 
+    pub fn update(&self) -> Option<MultiEraUpdate> {
+        match self {
+            MultiEraTx::AlonzoCompatible(x, _) => x
+                .transaction_body
+                .update
+                .as_ref()
+                .map(MultiEraUpdate::from_alonzo_compatible),
+            MultiEraTx::Babbage(x) => x
+                .transaction_body
+                .update
+                .as_ref()
+                .map(MultiEraUpdate::from_babbage),
+            MultiEraTx::Byron(_) => None,
+        }
+    }
+
     pub fn mints(&self) -> Vec<MultiEraPolicyAssets> {
         match self {
             MultiEraTx::AlonzoCompatible(x, _) => x
diff --git a/pallas-traverse/src/update.rs b/pallas-traverse/src/update.rs
new file mode 100644
index 0000000..fe5730e
--- /dev/null
+++ b/pallas-traverse/src/update.rs
@@ -0,0 +1,29 @@
+use std::borrow::Cow;
+
+use pallas_primitives::{alonzo, babbage};
+
+use crate::MultiEraUpdate;
+
+impl<'b> MultiEraUpdate<'b> {
+    pub fn from_alonzo_compatible(update: &'b alonzo::Update) -> Self {
+        Self::AlonzoCompatible(Box::new(Cow::Borrowed(update)))
+    }
+
+    pub fn from_babbage(update: &'b babbage::Update) -> Self {
+        Self::Babbage(Box::new(Cow::Borrowed(update)))
+    }
+
+    pub fn as_alonzo(&self) -> Option<&alonzo::Update> {
+        match self {
+            Self::AlonzoCompatible(x) => Some(x),
+            _ => None,
+        }
+    }
+
+    pub fn as_babbage(&self) -> Option<&babbage::Update> {
+        match self {
+            Self::Babbage(x) => Some(x),
+            _ => None,
+        }
+    }
+}