M2i Global Inc (OTC:MTWO) said on Monday it had signed a Letter of Intent with Aurica Tokenization Inc, a Nevada-based commodity tokenization company, to develop a physically-backed gold token platform that the companies expect to expand into other strategic minerals. Under the agreement, Aurica will issue digital tokens backed one-to-one by hallmarked gold, with the company acquiring metal at a 3% discount to prevailing spot prices through supply arrangements currently in advanced negotiations with several gold mining and processing companies.