Monerium ehf. is a regulated financial services company that specializes in issuing asset-backed, redeemable e-money on blockchains. Founded in 2015 and headquartered in Reykjavik, Iceland, Monerium operates in Sweden, the United States, and the United Kingdom. The company aims to enhance the accessibility, security, and simplicity of currency transactions by enabling individuals to store and use virtual currency without relying on traditional financial institutions. Monerium's first release of its e-money, known as Smart Money, was launched on the Ethereum blockchain in 2019. The company's founding team brings diverse expertise from fields such as central banking, finance, blockchain technology, biotech, and cloud services.