diff --git a/docs/api/transformations.rst b/docs/api/transformations.rst
index c1fcb9cc..3987c96d 100644
--- a/docs/api/transformations.rst
+++ b/docs/api/transformations.rst
@@ -32,6 +32,8 @@ Transformations
     identity
     keep_params_nonnegative
     NonNegativeParamsState
+    normalize_by_update_norm
+    NormalizeByUpdateNormState
     OptState
     Params
     per_example_global_norm_clip
@@ -172,6 +174,10 @@ Transformations and states
 .. autoclass:: NonNegativeParamsState
     :members:
 
+.. autofunction:: normalize_by_update_norm
+.. autoclass:: NormalizeByUpdateNormState
+    :members:
+
 .. autofunction:: per_example_global_norm_clip
 .. autofunction:: per_example_layer_norm_clip
 
diff --git a/optax/__init__.py b/optax/__init__.py
index 7aaa5d68..360ee3a0 100644
--- a/optax/__init__.py
+++ b/optax/__init__.py
@@ -105,6 +105,8 @@
 from optax._src.transform import centralize
 from optax._src.transform import ema
 from optax._src.transform import EmaState
+from optax._src.transform import normalize_by_update_norm
+from optax._src.transform import NormalizeByUpdateNormState
 from optax._src.transform import scale
 from optax._src.transform import scale_by_adadelta
 from optax._src.transform import scale_by_adam
diff --git a/optax/_src/transform.py b/optax/_src/transform.py
index 9dda6786..c21b056b 100644
--- a/optax/_src/transform.py
+++ b/optax/_src/transform.py
@@ -1419,6 +1419,64 @@ def update_fn(
   return base.GradientTransformationExtraArgs(_init_empty_state, update_fn)
 
 
+class NormalizeByUpdateNormState(NamedTuple):
+  """State for normalize_by_update_norm."""
+  scale_factor: float
+  eps: float
+
+
+def normalize_by_update_norm(
+    scale_factor: float = 1.0, eps: float = 1e-6
+) -> base.GradientTransformation:
+  """
+  Scale by the inverse of the update norm.
+
+  Examples:
+    >>> import optax
+    >>> import jax
+    >>> import jax.numpy as jnp
+    >>> def f(x): return jnp.sum(x ** 2)  # simple quadratic function
+    >>> solver = optax.normalize_by_update_norm(scale_factor=1.0)
+    >>> params = jnp.array([1., 2., 3.])
+    >>> print('Objective function: ', f(params))
+    Objective function:  14.0
+    >>> opt_state = solver.init(params)
+    >>> for _ in range(5):
+    ...  grad = jax.grad(f)(params)
+    ...  updates, opt_state = solver.update(grad, opt_state, params)
+    ...  params = optax.apply_updates(params, updates)
+    ...  print('Objective function: {:.2E}'.format(f(params)))
+    Objective function: 2.25E+01
+    Objective function: 3.30E+01
+    Objective function: 4.54E+01
+    Objective function: 5.99E+01
+    Objective function: 7.64E+01
+
+  Args:
+    scale_factor: factor by which the update will be multiplied (defaults to 1).
+    eps: (float) jitter term to avoid dividing by 0
+
+  Returns:
+    A `GradientTransformation` object.
+  """
+
+  def init_fn(params):
+    del params
+    return NormalizeByUpdateNormState(scale_factor, eps)
+
+  def update_fn(
+        updates: base.Updates,
+        state: base.EmptyState,
+        params: Optional[base.Params] = None,
+  ) -> tuple[base.Updates, base.EmptyState]:
+    del params
+    g_norm = (otu.tree_l2_norm(updates) + eps) / scale_factor
+    updates = jtu.tree_map(lambda g: g / g_norm, updates)
+    return updates, state
+
+  return base.GradientTransformation(init_fn, update_fn)
+
+
 ### Legacy symbols to be removed. ###
 
 
diff --git a/optax/_src/transform_test.py b/optax/_src/transform_test.py
index 39a91449..0aefe9b0 100644
--- a/optax/_src/transform_test.py
+++ b/optax/_src/transform_test.py
@@ -53,6 +53,7 @@ def setUp(self):
       ('param_block_norm', transform.scale_by_param_block_norm),
       ('param_block_rms', transform.scale_by_param_block_rms),
       ('distance_over_gradients', transform.scale_by_distance_over_gradients),
+      ('normalize_by_update_norm', transform.normalize_by_update_norm),
   ])
   def test_scalers(self, scaler_constr):
     params = self.init_params