From Yahoo Finance: 2025-06-04 08:01:00

Fintech mortgage lender Beeline Holdings (NASDAQ: BLNE) is launching a new home equity access product allowing homeowners to convert a portion of their equity into immediate cash without debt or monthly payments. RealCo, co-owned by Beeline’s principal shareholder and CEO, will issue stablecoins for equity purchases. Beta transactions start in June, with a hard launch in late July.

The product, funded through a stablecoin-backed model, offers homeowners an alternative to traditional refinancing or HELOCs. RealCo will initially launch in about ten thousand U.S. zip codes and only purchase equity in homes valued at $1 million. Beeline expects faster revenue growth and operational profitability by Q4 2025.

Beeline’s new product benefits those who don’t qualify for traditional cash-out refinancing or HELOCs but have equity. The company anticipates additional use cases as the product rolls out to a broader audience in the coming months. Key players in the U.S. home equity lending market include Bank of America, JPMorgan Chase, LendingTree Inc., and US Bancorp.

At last check, BLNE shares were trading 11.7% higher premarket at $0.9880. Beeline’s CEO, Nick Liuzza, noted that the stablecoin mechanism will provide funding secured by property recorded in the blockchain and public record. Participating homeowners will receive cash at closing without repayment until the property is sold, with RealCo receiving a percentage of the net proceeds.

Beeline emphasizes that this new product is an addition, not a pivot, from its core model. The company offers conventional mortgage offerings and non-QM loan programs tailored for 1099 earners, self-employed borrowers, and younger homeowners. The stablecoin-backed product is set to launch with beta transactions in June and a hard launch in late July.

Read more: Beeline Launches Stablecoin-Backed Home Equity Product, Targets Profitability By Late 2025