It shall be for a token, etc. - See Clarke's note on Exodus 13:9.
Matthew Henry
Concise Bible Commentary
The firstlings of beast not used in sacrifice, were to be changed for others so used, or they were to be destroyed. Our souls are forfeited to God's justice, and unless ransomed by the sacrifice of Christ, will certainly perish. These institutions would continually remind them of their duty, to love and serve the Lord. In like manner, baptism and the Lord's supper, if explained and attended to, would remind us, and give us occasion to remind one another of our profession and duty.