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Associated Press
4 days ago
- Business
- Associated Press
Beeline Taps Crypto Ecosystem to Unlock Real Estate Liquidity for Consumers Through a Stablecoin Funding
Providence, Rhode Island--(Newsfile Corp. - June 4, 2025) - Beeline Holdings, Inc., (NASDAQ: BLNE) the fast-growing digital mortgage platform that shortens the path to homeownership, today announced the upcoming launch of a new home equity access product that allows homeowners to convert a portion of their home equity into immediate cash—without incurring debt or monthly payments. Beeline has partnered with a company ('RealCo'), which is co-owned by Beeline's principal shareholder and CEO. RealCo will issue stablecoins to access capital to purchase equity from homeowners seeking liquidity. RealCo is engaging with Beeline, which will source consumers and provide services. Beeline Title will provide title and escrow services. This innovative product will be funded through a stablecoin-backed model, offering homeowners a fast and flexible alternative to traditional refinancing or HELOCs. The hard launch is scheduled for late July, with beta transactions beginning in June. The coins will be backed by ownership through a fractional deed on the property. RealCo will acquire a minority ownership in homes (up to 49%) as a nominee for the funders who will receive the stablecoins. Homeowners selling equity can opt to receive RealCo-issued stablecoins or US dollars. Unlike conventional lending products, this is not a loan transaction, tied to interest rates, or a buy-back obligation, allowing Beeline to generate consistent revenue in any rate environment. The company expects this to drive faster percentage-based revenue growth than traditional mortgage lenders, and with the fees, it expects to be well-positioned to reach operational profitability beginning in Q4 2025. Early market feedback indicates strong demand from equity-rich homeowners seeking liquidity without selling their property or incurring additional monthly obligations. RealCo will initially launch in approximately ten thousand US zip codes and will only enter into equity purchases on homes with a value of $1 million or more. 'Provided there's equity in the home, RealCo will mint coins at closing, which may then be converted into U.S. dollars,' said Nick Liuzza, CEO of Beeline Holdings. 'This model enables us to provide homeowners with liquidity quickly, with an unprecedented model. The stablecoin mechanism becomes the catalyst for funding, and the stablecoin is secured by property recorded in 1:1 in the blockchain and in the public record.' As the crypto ecosystem continues to gain mainstream adoption, with Bitcoin reaching new levels of institutional recognition, Beeline's use of blockchain-native funding infrastructure represents a first-of-its-kind application in real estate finance. While Bitcoin itself is not used directly in these transactions, the overall architecture reflects the increasing integration of traditional asset classes with blockchain-backed liquidity models. Participating homeowners will receive cash at closing and won't be required to repay the funds until the property is sold. Upon sale, RealCo, as nominee for the token holders, will receive its pro rata percentage of the net proceeds. All ownership privileges remain intact, provided property taxes are kept current. 'As we enter discussions with new investors, it's critical to provide transparency about this expansion,' added Liuzza. 'This product represents a major opportunity.' Beeline's existing product suite includes both conventional mortgage offerings and a range of non-QM loan programs, many of which are optimized for 1099 earners, self-employed borrowers, and younger homeowners. The company emphasized that this new product is an addition, not a pivot, from its core model. 'We're not shifting focus,' said Jess Kennedy, COO of Beeline. 'We're simply adding more firepower to our arsenal that meets the evolving needs of today's homeowners.' The product is expected to benefit individuals who don't qualify for traditional cash-out refinancing or HELOCs but have meaningful equity. Beeline anticipates additional use cases to emerge as the product rolls out to a wider audience in the months ahead. About Beeline Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans-whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's prospective new home equity access product, the timing, features, and demand for such product, and the benefits thereof including revenue growth and the potential to achieve profitability in Q4 2025. Forward-looking statements are prefaced by words such as 'anticipate,' 'expect,' 'plan,' 'could,' 'may,' 'will,' 'should,' 'would,' 'intend,' 'seem,' 'potential,' 'appear,' 'continue,' 'future,' believe,' 'estimate,' 'forecast,' 'project,' and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the ultimate interest of homeowners in unlocking liquidity and Beeline's ability to attract homeowners, its reliance on RealCo to raise capital to fund the real estate transactions, and the Risk Factors contained in our Form 10-K filed April 15, 2025. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Contact [email protected] To view the source version of this press release, please visit
Yahoo
4 days ago
- Business
- Yahoo
EXCLUSIVE: Beeline Launches Stablecoin-Backed Home Equity Product, Targets Profitability By Late 2025
Fintech mortgage lender Beeline Holdings (NASDAQ:BLNE) announced Wednesday the upcoming launch of a new home equity access product that allows homeowners to convert a portion of their home equity into immediate cash without incurring debt or monthly payments. Beeline has partnered with a company ("RealCo") co-owned by Beeline's principal shareholder and CEO. RealCo will issue stablecoins to access capital to purchase equity from homeowners seeking is engaging with Beeline, which will source consumers and provide services. Beeline Title will provide title and escrow services. The company said this product will be funded through a stablecoin-backed model, offering homeowners a fast and flexible alternative to traditional refinancing or HELOCs. The hard launch is likely for late July, with beta transactions beginning in June. The coins will be backed by ownership through a fractional deed on the property. RealCo will acquire minority ownership in homes (up to 49%) as a nominee for the funders who will receive the stablecoins. Homeowners selling equity can opt to receive RealCo-issued stablecoins or U.S. dollars. Unlike conventional lending products, this is not a loan transaction tied to interest rates or a buy-back obligation, allowing Beeline to generate consistent revenue in any rate environment. The company expects it would drive faster percentage-based revenue growth than traditional mortgage lenders, and with the fees, it expects to be well-positioned to reach operational profitability beginning in the fourth quarter of 2025. RealCo will initially launch in approximately ten thousand U.S. zip codes and only enter into equity purchases on homes valued at $1 million. Nick Liuzza, CEO of Beeline Holdings, said that provided there's equity in the home, RealCo will mint coins at closing, which may then be converted into U.S. dollars. The stablecoin mechanism becomes the catalyst for funding, and it is secured by property recorded in 1:1 in the blockchain and in the public record, he said. Participating homeowners will receive cash at closing and will not be required to repay the funds until the property is sold. Upon sale, RealCo, as nominee for the token holders, will receive its pro rata percentage of the net proceeds. Beeline's existing product suite includes conventional mortgage offerings and a range of non-QM loan programs, many of which are optimized for 1099 earners, self-employed borrowers, and younger homeowners. The company emphasized that this new product is an addition, not a pivot, from its core model. The product will likely benefit individuals who do not qualify for traditional cash-out refinancing or HELOCs but have meaningful equity. Beeline anticipates additional use cases to emerge as the product rolls out to a broader audience in the months ahead. Key U.S. home equity lending players included Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co (NYSE:JPM), LendingTree Inc. (NASDAQ:TREE), and US Bancorp (NYSE:USB). Price Action: At the last check on Wednesday, BLNE shares were trading higher by 11.7% at $0.9880 premarket. Read Next:Photo via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article EXCLUSIVE: Beeline Launches Stablecoin-Backed Home Equity Product, Targets Profitability By Late 2025 originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Beeline to Announce Q1 2025 Financial Results and Host Stakeholder Update Call
Providence, Rhode Island--(Newsfile Corp. - May 16, 2025) - Beeline (NASDAQ: BLNE), a digital-first innovator in the mortgage industry, today announced it will release its financial results for the first quarter of 2025 after market close on Tuesday, May 20, 2025, followed by a stakeholder update call at 5:00 PM ET. The call will be hosted by Nick Liuzza, Chief Executive Officer, and Chris Moe, Chief Financial Officer, who will review the company's performance and provide updates on ongoing initiatives. Call Details: Listen-only webcast: Toll-Free Dial-In (U.S.): 1-833-752-5070 International Dial-In: 1-647-849-3415 About Beeline Financial Holdings, Inc. Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans-whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions. Contact: ir@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Beeline Holdings Reports Q1 2025 Results: First Quarter as Public Company Highlights AI-Led Growth, Record Originations, and Transformational Fintech Expansion
Providence, Rhode Island--(Newsfile Corp. - May 20, 2025) - Beeline Holdings, Inc. (NASDAQ: BLNE), a fintech-focused mortgage and title company, today announced financial results for the first quarter ended March 31, 2025. Q1 2025 Highlights Breakout debut quarter as a newly public company, with Beeline repositioned as a next-gen AI-powered mortgage lender and title agent. Loan originations increased 38% year-over-year, outpacing industry growth (~9%) with April performance believed to be best in three years, signaling momentum despite macro headwinds. Surpassed $1 billion in cumulative loan originations since inception. AI-mortgage agent "Bob 2.0" drove 6x lead conversion and 8x full application volume—at near-zero marginal cost—validating Beeline's proprietary automation strategy. Workflow engine Hive & Task based model reduced closing timelines to 14–21 days, approximately twice as fast as traditional lenders. Expanded distribution through key partnerships, including RedAwning, Rabbu, CredEvolv, and; MagicBlocks has 16 clients in Beta and BlinkQC is out of Beta and Live in Beeline's production eliminating third party QC costs. Reduced debt by $2 million. Development of a new equity product with features exclusive to Beeline. Early-stage net loss aligned with growth investments; company targets operating leverage as loan volume and platform efficiencies scale. A Foundational Quarter for Beeline "Q1 marked our first as a public company and showed the full power of our AI-driven platform taking hold," said Nick Liuzza, Co-Founder and CEO of Beeline Holdings. "Despite continued market challenges, our performance validates the core strengths of our business and lays the groundwork for transformational growth. We're especially excited about our upcoming equity product launch, which is interest-rate neutral and designed to unlock liquidity in a constrained housing market." Financial Performance Beeline reported total net revenues of $1.8 million in Q1 2025 with over 70% of revenue driven by mortgage and title operations, including $1.0 million in lending revenue and $0.4 million in title revenue; the remaining $0.4 million came from its legacy spirits business. Mortgage-related metrics showed strong year-over-year growth, with the average loan amount up 24%, revenue per loan up 28%, and title revenue up 93%. Operating expenses totaled $6.8 million, including $2.3 million in salaries and benefits, $1.2 million in professional fees (primarily non-recurring costs), $0.6 million in marketing, and $0.8 million in depreciation and amortization. The company reported an operating loss of $4.9 million and a net loss from continuing operations of $6.9 million, which includes $1.9 million in interest expense. In Q1 2025, Beeline Financial Holdings originated $39.8 million in residential mortgage loans, generating $1.4 million in revenue and reporting a net loss of $2.3 million. As of quarter-end, Beeline had $1.5 million in cash and approximately $0.5 million in available warehouse line capacity. Following the close of Q1, the company completed additional equity raises. During the quarter, it used $1.5 million in operating cash, generated $1.8 million from net financing activities, and ended with a net cash increase of $0.3 million. Looking ahead, Beeline plans to launch its interest-rate neutral equity product in the third quarter, supported by a stablecoin partner. This new offering is designed to fund real estate transactions outside of traditional mortgage channels, expanding access to capital and enabling greater market participation. The company also expects to announce new strategic partnerships and continue advancing its SaaS innovation initiatives through Beeline Labs. These efforts are aimed at enhancing the customer experience and expanding the company's reach across the real estate and fintech ecosystems. In parallel, Beeline will remain focused on reducing losses and moving toward sustainable profitability, while continuing to invest in its core technology and customer acquisition infrastructure. "We've built the foundation for a scalable, AI-first fintech mortgage platform with accelerating performance," said CFO Chris Moe. "While early-stage losses are expected, we believe Q1 reflects the beginning of a structural transformation in both our financial profile and market position." About Beeline Holdings, Inc. Beeline Holdings is a technology-forward mortgage and title platform designed to simplify home financing for a new generation of buyers. By combining AI, automation, and modern UX, Beeline offers faster, more accessible, and more transparent home loan experiences for real estate investors and primary homebuyers alike. For more, visit Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding anticipated trends in the mortgage loan industry and the company's prospective new technology offerings and strategic partnerships including a planned new innovative equity product and advances to its SaaS innovation initiatives, as well as the anticipated or potential benefits of these efforts. Forward-looking statements are prefaced by words such as "anticipate," "expect," "plan," "could," "may," "will," "should," "would," "intend," "seem," "potential," "appear," "continue," "future," believe," "estimate," "forecast," "project," and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the Risk Factors contained in our Form 10-K filed April 15, 2025. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Investor Contact:investors@ Media Contact:press@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Beeline to Announce Q1 2025 Financial Results and Host Stakeholder Update Call
Providence, Rhode Island--(Newsfile Corp. - May 16, 2025) - Beeline (NASDAQ: BLNE), a digital-first innovator in the mortgage industry, today announced it will release its financial results for the first quarter of 2025 after market close on Tuesday, May 20, 2025, followed by a stakeholder update call at 5:00 PM ET. The call will be hosted by Nick Liuzza, Chief Executive Officer, and Chris Moe, Chief Financial Officer, who will review the company's performance and provide updates on ongoing initiatives. Call Details: Listen-only webcast: Toll-Free Dial-In (U.S.): 1-833-752-5070 International Dial-In: 1-647-849-3415 About Beeline Financial Holdings, Inc. Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans-whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions. Contact: ir@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
