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Proposed all-stock transaction to create a blockchain-recorded finance platform offering alternatives to HELOCs and cash-out refinances for homeowners looking to tap equity with no additional debt
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PROVIDENCE, R.I., Aug. 04, 2026 (GLOBE NEWSWIRE) — via IBN – Beeline Holdings, Inc. (NASDAQ: BLNE) (“Beeline” or the “Company”), a technology-driven mortgage platform, announces the Company has signed a non-binding Letter of Intent (“LOI”) to acquire TYTL Corp, a financial technology Delaware C Corp (“TYTL”) focused on residential home equity transactions and institutional investors.
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“This transaction has the potential to transform Beeline from a traditional mortgage originator into an AI-powered residential equity and finance platform,” said Jess Kennedy, Co-Founder and Chief Operating Officer of Beeline. “Rather than asking homeowners to borrow against their homes, the proposed combined platform enables qualified homeowners to monetize a portion of their accumulated equity through a simple, technology-driven transaction while creating an entirely new institutional asset class backed by prime U.S. residential real estate.”
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If completed, the transaction would combine Beeline’s AI-powered mortgage origination, Non-QM lending, title and settlement platform with TYTL’s blockchain-enabled residential equity infrastructure to create a differentiated residential equity and finance platform that enables qualified homeowners to unlock record home equity without taking on additional debt while providing institutional investors access to professionally underwritten, real estate-backed digital securities.
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“Our platform was designed to modernize how homeowners access residential equity through automation, blockchain technology and institutional capital,” said Brendan Reilly, Chief Technology Officer of TYTL. “Combining TYTL’s digital securities infrastructure with Beeline’s national lending and title platform creates a scalable foundation for institutional adoption of tokenized residential real estate.”
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U.S. homeowners currently hold approximately $17 trillion in home equity. Based on TYTL’s underwriting criteria, management estimates an initial addressable market of approximately $1 trillion, primarily consisting of homeowners with properties valued at $1 million or more in premier U.S. residential markets.
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Rather than using a traditional HELOC or cash-out refinance, qualified homeowners sell a fractional ownership interest in their homes in exchange for immediate liquidity. Because the transaction is structured as an equity sale rather than a loan, homeowners incur no additional debt, monthly principal or interest payments, or loan maturity. Instead of a mortgage lien, a deeded ownership interest is recorded in the public record.
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For more than a year, the companies have integrated TYTL’s Regulation D-compliant digital securities platform with Beeline’s lending and title operations, creating an end-to-end platform capable of originating, underwriting, closing, recording and digitally representing residential home equity transactions. During the LOI period, the companies will continue developing a wholesale distribution platform to support national scale while advancing a key product roadmap initiative focused on the tokenization of residential mortgage-backed securities.
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