# CoinFLEX.US

> CoinFLEX.US was the Miami-based U.S. subsidiary of CoinFLEX, launched in April 2022 to offer flexUSD minting, interest-bearing stablecoin holdings and zero-fee spot trading to American retail and institutional customers. Its yield product depended on the international exchange’s lending market; U.S. flexUSD balances were included in a 90% lock announced in July 2022. This profile treats its original offer as historical.

- **Founded:** 2019
- **Headquarters:** Miami, United States
- **Founders:** Mark Lamb (Co-founder and CEO of parent CoinFLEX at U.S. launch), Sudhu Arumugam (Co-founder of parent CoinFLEX)
- **Products:** flexUSD, Spot exchange, Minting and redemption
- **Notable:** Launched the U.S. subsidiary on April 28, 2022., Announced service across 49 states excluding New York., Designed flexUSD to distribute interest every eight hours, including to compatible self-custodied wallets.

## Products & services

- **flexUSD** — Historical interest-bearing stablecoin distributed through CoinFLEX.US; yield sourced from CoinFLEX.com’s peer-to-peer borrowing and lending market. U.S. availability launched in April 2022.
- **Spot exchange** — Announced zero-fee trading in more than 30 cryptocurrencies against flexUSD.
- **Minting and redemption** — Historical conversion service for USD or USDC and flexUSD, with scheduled redemption windows.

## Achievements

- Launched the U.S. subsidiary on April 28, 2022.
- Announced service across 49 states excluding New York.
- Designed flexUSD to distribute interest every eight hours, including to compatible self-custodied wallets.

## Latest updates

- **2026-02** — A Prime Trust bankruptcy filing dated February 11 lists CoinFLEX US LLC among service recipients. This is a legal-record reference, not evidence of resumed trading.
- **2023-12** — Prime Trust court documents identify CoinFLEX US LLC as a vendor-agreement counterparty.
- **2023-03** — International CoinFLEX announced Seychelles court approval of its restructuring; this should not be described as a separate U.S. subsidiary court proceeding.

## Links

- Website: http://www.coinflex.us
- LinkedIn: https://www.linkedin.com/company/coinflex-us
- Twitter/X: https://twitter.com/CoinFLEX_US
- YouTube: https://www.youtube.com/watch?v=TiyOGLNo9gk
- Instagram: https://www.instagram.com/coinflex_us/

---

Profile page: https://yespress.io/coinflex-us
Published by YesPress — https://yespress.io
Last updated: 2026-10-25