DeSpend Secures Strategic Investment from Retail Giant Target

Reconstructing Web3 Core Value System Through RWA Consumption Assetization

Empowered by a Century-Old Retail Brand, Ushering in a New Era of "Consumption as Investment"

Global retail giant Target Corporation (NYSE: TGT) today announced that its digital engine, Target Digital Engine, has strategically invested in the Web3 consumption ecosystem project DeSpend. Together, they will build a next-generation consumption value system based on RWA (Real World Assets). This collaboration signifies a deep integration between traditional retail giants and Web3 technology, bringing a revolutionary "consumption as investment" experience to global consumers.

Top-Tier Brand Endorsement: A Century-Old Retail Giant’s Strategic Choice
As one of the largest retail chains in the United States, Target Corporation boasts a massive ecosystem with over 1,900 stores and annual revenue exceeding $100 billion. Its core digital transformation department, Target Digital Engine, has chosen DeSpend as its Web3 strategic partner based on three key considerations:

Validation of Technical Feasibility: DeSpend’s innovative RWA consumption assetization model highly aligns with Target’s omnichannel retail strategy.

Forward-Looking Market Positioning: Early entry into the Web3 consumption sector to build a future-oriented digital consumption ecosystem.

User Value Enhancement: Leveraging blockchain technology to increase user loyalty and consumption value.

Why Is Target So Optimistic About DeSpend?
DeSpend pioneered the "consumption as assets" model, using blockchain technology to transform every consumption into an appreciable digital asset. This ensures that consumers truly benefit—when shopping on DeSpend, the platform rewards users with high-value tokens while enabling them to participate in various ecological activities and interactive experiences through DeSpend’s ecosystem development. This creates a win-win-win scenario: consumers are happy, merchants are satisfied (as the platform compensates them for their concessions), and the ecosystem thrives. All transactions are recorded on-chain, ensuring complete transparency.

Moreover, DeSpend possesses the exclusive capability to tokenize Target’s vast range of physical products, in-store experiences, and membership权益 into RWA assets. What users purchase is not just tokens but digital assets anchored in real goods and profit rights. This is a core advantage that pure链上 projects cannot replicate.

CEO of Target Digital Engine stated:
"DeSpend represents the future of Web3.0 intelligent internet marketplaces. We believe that by combining traditional retail expertise with Web3 innovation, we can create real value for consumers and build a fairer, more transparent consumption ecosystem."