# Carats Integration to Investment Products

Diamond Standard Commodities are transacted using the token linked to the integrated wireless chip.  This token is used for all transactions, such as spot trading, ETF basket creation/redemption, or to settle futures and options.  This token is used to create Carats. 

These regulated tokens fully integrate the settlement of all transactions, investment vehicles, and Carats.  This creates a unique network-effect, maximizing utility and liquidity. 

<figure><img src="/files/M2LAPqPwGZtCBPTLlVOZ" alt=""><figcaption></figcaption></figure>


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