Beeline completes first blockchain home equity transactions
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Beeline completes first blockchain home equity transactions
"Homeowners shouldn't have to borrow against themselves just to access the value they've already built, said Nick Liuzza, co-founder and CEO of Beeline. By putting home equity on blockchain rails, we're creating a smarter, more transparent financial alternative one that's free from interest rate swings and credit friction. BeelineEquity allows homeowners to access liquidity from their home equity without taking on debt, making monthly payments or undergoing credit underwriting."
"Beeline Holdings announced that its subsidiary, Beeline Loans, has completed its first blockchain-recorded BeelineEquity transactions, becoming the first U.S. platform to tokenize residential home equity at scale. In its initial rollout, BeelineEquity finalized five blockchain-tracked home equity transactions, with five more scheduled this month and another 25 expected to close before the end of the year. Leaders said the early demand reflects growing homeowner interest in alternatives to traditional home equity loans and refinancing."
Beeline Holdings' subsidiary Beeline Loans completed initial blockchain-recorded BeelineEquity transactions, making it the first U.S. platform to tokenize residential home equity at scale. The initial rollout closed five blockchain-tracked equity transactions, with five more scheduled this month and 25 expected before year-end. BeelineEquity structures transactions as sales of equity rather than loans, with repayment due only upon sale or transfer. The product enables homeowners to access liquidity without taking on debt, making monthly payments, or undergoing credit underwriting, and records each transaction on blockchain for transparency and immutable ownership proof. A 2026 expansion will target major U.S. housing markets holding over $15 trillion in untapped equity.
Read at www.housingwire.com
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