Ripple Labs is repurchasing $285 million of its shares, valuing the company at $11.3 billion. This follows a legal victory against the SEC, where a U.S. District Judge ruled that XRP sales on exchanges are not unregistered securities offerings. Ripple plans regular buybacks but does not anticipate a U.S. public listing soon due to regulatory uncertainties. The company has over $1 billion in cash and $25 billion in XRP assets. Ripple acquired Metaco last year and continues to grow despite the SEC lawsuit, with 95% of its customers being non-U.S. financial institutions.