{"id":968139,"date":"2026-05-28T09:05:25","date_gmt":"2026-05-28T13:05:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/"},"modified":"2026-05-28T09:05:25","modified_gmt":"2026-05-28T13:05:25","slug":"beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/","title":{"rendered":"Beeline Holdings Enters Into Letter of Intent to Acquire 100% of MagicBlocks, Accelerating AI-Powered Mortgage Platform and Digital Asset Infrastructure Expansion"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">PROVIDENCE, R.I., May  28, 2026  (GLOBE NEWSWIRE) &#8212; via IBN \u2013 <strong>Beeline Holdings, Inc. (NASDAQ: BLNE)<\/strong> (\u201cBeeline\u201d or the \u201cCompany\u201d), a technology-driven mortgage and fintech platform focused on next-generation lending and digital real estate infrastructure, today announced that it has entered into a non-binding Letter of Intent to acquire MagicBlocks, an AI-driven real estate technology company focused on transaction lead generation, production automation, and workflow systems for financial services and real estate applications.<\/p>\n<p align=\"justify\">Beeline currently owns approximately 47.6% of MagicBlocks, and the MagicBlocks platform has enabled Beeline\u2019s chatbot, Bob, which has facilitated an 8% increase in lead to lock conversions at no incremental cost when involved with customers on Beeline\u2019s website. Beeline has entered into a non-binding Letter of Intent with MagicBlocks\u2019 key principals to acquire the remaining interest in the company. The transaction is subject to execution of a definitive agreement, final approvals by a special committee of Beeline\u2019s board of directors, SAFE noteholders and employment agreements for the founders.<\/p>\n<p align=\"justify\">The acquisition is expected to materially expand Beeline\u2019s artificial intelligence capabilities and further support the Company\u2019s blockchain and digital asset initiatives. Beeline intends to leverage MagicBlocks\u2019 proprietary AI technology to drive lead generation for BeelineEquity, its tokenized home equity product in partnership with TYTL, while also supporting underwriting, transaction automation, and scalable production infrastructure across Beeline\u2019s broader fintech platform.<\/p>\n<p align=\"justify\">MagicBlocks has developed proprietary systems designed to automate and improve key components of the real estate transaction process, including AI-enhanced workflow management and scalable infrastructure built specifically for mortgage, financial services, and real estate applications. Beeline plans to further integrate MagicBlocks\u2019 technology stack into its ecosystem of mortgage origination, title services, blockchain settlement capabilities, and tokenized home equity products.<\/p>\n<p align=\"justify\">The Company believes the acquisition can help accelerate transaction volume, reduce production costs, lower customer acquisition costs, and create new software-as-a-service revenue opportunities for Beeline.<\/p>\n<p align=\"justify\">\u201cMagicBlocks represents a major strategic step forward for Beeline, further differentiating our digital-first approach,\u201d said Nick Liuzza, Chief Executive Officer of Beeline. \u201cThe future of mortgage banking and real estate finance will be driven by AI, blockchain infrastructure, and tokenization. This acquisition positions Beeline at the center of that evolution while strengthening our ability to deliver faster, more transparent, and more scalable financial products, creating a better experience for customers.\u201d<\/p>\n<p align=\"justify\">The transaction is expected to enhance Beeline\u2019s initiatives across digital mortgage automation, AI-assisted lending operations, blockchain settlement systems, tokenized real estate marketplaces, and blockchain-native financial products. The Company also believes the acquisition will support the continued development of Beeline\u2019s broader fintech ecosystem as it works to modernize how consumers access mortgage capital, real estate liquidity, and digital home equity solutions.<\/p>\n<p align=\"justify\">\u201cWe believe combining MagicBlocks\u2019 infrastructure with Beeline\u2019s lending platform creates a unique opportunity to redefine how consumers access mortgage capital and real estate liquidity,\u201d added Liuzza.<\/p>\n<p align=\"justify\">Under the terms of the proposed transaction, MagicBlocks would become a wholly owned subsidiary of Beeline. Existing leadership and development personnel from MagicBlocks are expected to join Beeline and continue advancing the platform\u2019s technology roadmap.<\/p>\n<p align=\"justify\">The transaction, if consummated, is expected to close in June, subject to negotiation and execution of a definitive agreement. The proposed acquisition is expected to be supported by a third-party valuation of approximately $1 million. The acquisition is contemplated to be structured as an all-stock transaction.<\/p>\n<p align=\"justify\">\n        <b>About Beeline Holdings<\/b>\n      <\/p>\n<p align=\"justify\">Beeline is a technology-forward mortgage and fintech platform focused on AI-powered lending, title services, blockchain-enabled financial infrastructure, and digital real estate solutions. The Company is developing next-generation mortgage and home equity products designed to modernize the residential finance market.<\/p>\n<p align=\"justify\">\n        <strong>About MagicBlocks<\/strong>\n      <\/p>\n<p align=\"justify\">MagicBlocks develops blockchain infrastructure, AI automation systems, and smart contract technologies focused on real estate, financial services, and digital asset applications.<\/p>\n<p align=\"justify\">\n        <b>Forward-Looking Statements<\/b>\n      <\/p>\n<p align=\"justify\">This press release contains forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding the anticipated acquisition of MagicBlocks and the potential or expected benefits of the acquisition, expected June closing date, future product development, blockchain initiatives, AI integration, tokenization strategies, and market opportunities.<\/p>\n<p align=\"justify\">We caution you, therefore, against relying on any of these forward-looking statements. Actual results may differ materially from those expressed or implied due to various risks and uncertainties. Factors that may cause actual results to differ include, among others, our ability to negotiate and execute a definitive agreement for the acquisition and employment agreements with MagicBlocks\u2019 management, our ability to integrate and expand MagicBlocks\u2019 technology and personnel into Beeline\u2019s operations and infrastructure, our ability to maintain and protect MagicBlocks\u2019 technology and intellectual property, the possibility that the acquisition does not yield the benefits anticipated or sought or that unknown liabilities or risks arise in connection with the acquisition, and other risks described in the Company\u2019s filings with the Securities and Exchange Commission including the Risk Factors contained in the Company\u2019s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and the Company\u2019s prospectus supplement dated March 10, 2026.<\/p>\n<p>\n        <b>Contacts<\/b>\n      <\/p>\n<p align=\"justify\">Investor Relations<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=inHClDr6gtKOGD8YuMeNtsfl7Eq8FZe6QZ0WL4Cyx43ue8ECfR4IK57vrzHY8wwhriOYnHHdU9eznZJUYHfdleHSgrUd_jyKJSGLf46HUhI=\" rel=\"nofollow\" target=\"_blank\">ir@makeabeeline.com<\/a><\/p>\n<p align=\"justify\">Media Inquiries<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=strb2YOprniZ-VZjO-mHrBb8wcq6_4S5HMrm4RLgTGWaxT_1wfJVsDeEYgbo8r0xfkDvT5Hi2b1yRpFcWLr9xxblTSkw2oDXS8JFOGvraHo=\" rel=\"nofollow\" target=\"_blank\">press@makeabeeline.com<\/a><\/p>\n<p>\n        <b>Corporate Communications<\/b><br \/>\n        <br \/>IBN<br \/>Austin, Texas<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9tUgimLeFSfpm8iZAHgq3ovk8tqrwLAVOXBKT-x86XtOqd-be8b9jANLNEfEVH9PGgmsK-l4HMOGK7kw8Gzrfrgr5XtjxAPmOTvJN9QrOYgrh76hvOx83u6tPVICHP1o\" rel=\"nofollow\" target=\"_blank\">www.InvestorBrandNetwork.com<\/a><br \/>512.354.7000 Office<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=H0EqtyAmmFMcNL2c7eDgmkv-SDEA1CovH6Dij2ZVJGdoWwTH7WYMsOZjdwz7pk4xh6LSh-emtE_tl7RW9YOvAn_3MYcY5CMsfpWt6YLj5vMQm6oY9oJv0yTT7KwjO9g_E8QU1IHeIEWgrIIz_phGlA==\" rel=\"nofollow\" target=\"_blank\">Editor@InvestorBrandNetwork.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyNzgzNyM3NjI0OTUxIzUwMDE0ODY0Mg==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDM3MWExZjgtODZlMC00YmY1LTg5OTAtZjdjYjVmMGU5YjFhLTUwMDE0ODY0Mi0yMDI2LTA1LTI4LWVu\/tiny\/Beeline-Holdings-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PROVIDENCE, R.I., May 28, 2026 (GLOBE NEWSWIRE) &#8212; via IBN \u2013 Beeline Holdings, Inc. (NASDAQ: BLNE) (\u201cBeeline\u201d or the \u201cCompany\u201d), a technology-driven mortgage and fintech platform focused on next-generation lending and digital real estate infrastructure, today announced that it has entered into a non-binding Letter of Intent to acquire MagicBlocks, an AI-driven real estate technology company focused on transaction lead generation, production automation, and workflow systems for financial services and real estate applications. Beeline currently owns approximately 47.6% of MagicBlocks, and the MagicBlocks platform has enabled Beeline\u2019s chatbot, Bob, which has facilitated an 8% increase in lead to lock conversions at no incremental cost when involved with customers on Beeline\u2019s website. Beeline has entered into a non-binding Letter of Intent &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Beeline Holdings Enters Into Letter of Intent to Acquire 100% of MagicBlocks, Accelerating AI-Powered Mortgage Platform and Digital Asset Infrastructure Expansion&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-968139","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Beeline Holdings Enters Into Letter of Intent to Acquire 100% of MagicBlocks, Accelerating AI-Powered Mortgage Platform and Digital Asset Infrastructure Expansion - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beeline Holdings Enters Into Letter of Intent to Acquire 100% of MagicBlocks, Accelerating AI-Powered Mortgage Platform and Digital Asset Infrastructure Expansion - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PROVIDENCE, R.I., May 28, 2026 (GLOBE NEWSWIRE) &#8212; via IBN \u2013 Beeline Holdings, Inc. (NASDAQ: BLNE) (\u201cBeeline\u201d or the \u201cCompany\u201d), a technology-driven mortgage and fintech platform focused on next-generation lending and digital real estate infrastructure, today announced that it has entered into a non-binding Letter of Intent to acquire MagicBlocks, an AI-driven real estate technology company focused on transaction lead generation, production automation, and workflow systems for financial services and real estate applications. Beeline currently owns approximately 47.6% of MagicBlocks, and the MagicBlocks platform has enabled Beeline\u2019s chatbot, Bob, which has facilitated an 8% increase in lead to lock conversions at no incremental cost when involved with customers on Beeline\u2019s website. Beeline has entered into a non-binding Letter of Intent &hellip; Continue reading &quot;Beeline Holdings Enters Into Letter of Intent to Acquire 100% of MagicBlocks, Accelerating AI-Powered Mortgage Platform and Digital Asset Infrastructure Expansion&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-28T13:05:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyNzgzNyM3NjI0OTUxIzUwMDE0ODY0Mg==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Beeline Holdings Enters Into Letter of Intent to Acquire 100% of MagicBlocks, Accelerating AI-Powered Mortgage Platform and Digital Asset Infrastructure Expansion\",\"datePublished\":\"2026-05-28T13:05:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\\\/\"},\"wordCount\":860,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTcyNzgzNyM3NjI0OTUxIzUwMDE0ODY0Mg==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\\\/\",\"name\":\"Beeline Holdings Enters Into Letter of Intent to Acquire 100% of MagicBlocks, Accelerating AI-Powered Mortgage Platform and Digital Asset Infrastructure Expansion - 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(NASDAQ: BLNE) (\u201cBeeline\u201d or the \u201cCompany\u201d), a technology-driven mortgage and fintech platform focused on next-generation lending and digital real estate infrastructure, today announced that it has entered into a non-binding Letter of Intent to acquire MagicBlocks, an AI-driven real estate technology company focused on transaction lead generation, production automation, and workflow systems for financial services and real estate applications. Beeline currently owns approximately 47.6% of MagicBlocks, and the MagicBlocks platform has enabled Beeline\u2019s chatbot, Bob, which has facilitated an 8% increase in lead to lock conversions at no incremental cost when involved with customers on Beeline\u2019s website. Beeline has entered into a non-binding Letter of Intent &hellip; Continue reading \"Beeline Holdings Enters Into Letter of Intent to Acquire 100% of MagicBlocks, Accelerating AI-Powered Mortgage Platform and Digital Asset Infrastructure Expansion\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/","og_site_name":"Market Newsdesk","article_published_time":"2026-05-28T13:05:25+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyNzgzNyM3NjI0OTUxIzUwMDE0ODY0Mg==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Beeline Holdings Enters Into Letter of Intent to Acquire 100% of MagicBlocks, Accelerating AI-Powered Mortgage Platform and Digital Asset Infrastructure Expansion","datePublished":"2026-05-28T13:05:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/"},"wordCount":860,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyNzgzNyM3NjI0OTUxIzUwMDE0ODY0Mg==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/beeline-holdings-enters-into-letter-of-intent-to-acquire-100-of-magicblocks-accelerating-ai-powered-mortgage-platform-and-digital-asset-infrastructure-expansion\/","name":"Beeline Holdings Enters Into Letter of Intent to Acquire 100% of MagicBlocks, Accelerating AI-Powered Mortgage Platform and Digital Asset Infrastructure Expansion - 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