Beeline Holdings acquires MagicBlocks

Beeline Holdings>>>, a technology-driven mortgage and fintech platform, has entered into a non-binding Letter of Intent to acquire the remaining 52% interest in MagicBlocks>>>, an AI-driven real estate technology company. Beeline Holdings>>> currently owns approximately 47.6% of MagicBlocks>>>. The acquisition, valued at approximately $1 million and structured as an all-stock transaction, is expected to close in June, subject to definitive agreements and approvals. This strategic move aims to materially expand Beeline Holdings>>>' artificial intelligence capabilities and further support its blockchain and digital asset initiatives, including its tokenized home equity product, BeelineEquity, in partnership with TYTL>>>. The integration of MagicBlocks>>>' proprietary AI technology is anticipated to drive lead generation, underwriting, transaction automation, and scalable production infrastructure across Beeline Holdings>>>' broader fintech platform. MagicBlocks>>>' existing leadership and development personnel are expected to join Beeline Holdings>>>.