single word requests - A verb for transforming something into currency


I need a verb that expresses the concept of transforming a raw material into currency, as in this sentence "The bitcoin manufacturing process currenciates digital information."


New coinages are fine if they make sense and are less clumsy than the one I used above, but an existing term would be preferred. I've considered the word mint but that seems to relate more to the final product than the raw material -- in other words, you mint coins (the finished product), you don't mint gold (the raw material).



Answer



Monetize to coin into money; also : to establish as legal tender


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