Will Coinbase say “Custodial / Custody”?

Coinbase did not say “Custodial / Custody” on its Jul 30, 2026 call (FY26 Q2); it said it on 7 of its last 8 calls: 5, 5, 8, 10, 2, 3, 4, 0 times. As of Oct 24, 2026, Coinbase said “Custodial / Custody” on 3 of 3 calls with a settled Kalshi or Polymarket mention market since May 8, 2025 (100%), most recently on Feb 12, 2026. Parrot’s p for the next listing is 81% (n=3, from settlement history blended with transcripts), not a forecast.

81%from settlement history blended with transcripts · n=3counts: company speakers + operator
Last 10
3/3Last 10 settled, oldest to newest: yes yes yes
Streak
said the last 3 times
Counts
company speakers + operator
Updated

Where it was said

quotes of at most 25 words; select an appearance

Coinbase

Custodial / Custody

Probability
81% · n=3
Settled
3/3 (100%)
Last calls
said in 7 of 8

Next listing counts: company speakers + operator

FY26 Q2 earnings call, Jul 30, 2026 · not said

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FY26 Q1 earnings call, May 7, 2026 · said 4 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

4 counted (2 in prepared remarks, 2 in Q&A).

Brian ArmstrongcompanypreparedIn transcript

…serve three main customer groups, consumers, with our retail, advanced trading and self-custody apps, institutions, with our Coinbase Prime brokerage platform, and for developers, we…

Brian ArmstrongcompanypreparedIn transcript

…full stack architecture of Coinbase here. How it works is our battle-tested custody stores more crypto than any other company. Our settlement rails are fast,…

Every match in the transcript

FY25 Q4 earnings call, Feb 12, 2026 · said 3 times (counts)

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Counts: company speakers + operator

3 counted (3 in prepared remarks, 0 in Q&A).

Brian ArmstrongcompanypreparedIn transcript

…and this is the broad term that we use for DeFi, self custodial wallets and full adoption of decentralized technology as opposed to centralized intermediaries.…

Alesia HaascompanypreparedIn transcript

…to our assets on platform, where customers then in turn stake, they custody, they engage in USDC. So we're seeing growth in native units despite…

Every match in the transcript

FY25 Q3 earnings call, Oct 30, 2025 · said 2 times (counts)

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Counts: company speakers + operator

2 counted (2 in prepared remarks, 0 in Q&A).

Alesia HaascompanypreparedIn transcript

…products, average loan balances across our institutional financing products and assets under custody. We ended the third quarter with $516 billion in assets on platform.…

Every match in the transcript

FY25 Q2 earnings call, Jul 31, 2025 · said 10 times (counts)

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FY25 Q1 earnings call, May 8, 2025 · said 8 times (counts)

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FY24 Q4 earnings call, Feb 13, 2025 · said 5 times (counts)

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FY24 Q3 earnings call, Oct 30, 2024 · said 5 times (counts)

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Every settled listing

newest first · 5 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Feb 12, 2026Custodial / CustodyPolymarketYes3
Feb 12, 2026Custodial / CustodyKalshiYes3
Oct 30, 2025Custodial / CustodyPolymarketYes2
Oct 30, 2025Custodial / CustodyKalshiYes2
May 8, 2025Custodial / CustodyKalshiYes8

Questions

How many times did Coinbase say “Custodial / Custody” on its last earnings call?
Coinbase did not say “Custodial / Custody” on its Jul 30, 2026 call (FY26 Q2); it said it on 7 of its last 8 calls: 5, 5, 8, 10, 2, 3, 4, 0 times.
How often does Coinbase say “Custodial / Custody”?
As of Oct 24, 2026, Coinbase said “Custodial / Custody” on 3 of 3 calls with a settled Kalshi or Polymarket mention market since May 8, 2025 (100%), most recently on Feb 12, 2026.
What is the probability Coinbase says “Custodial / Custody” next time?
81%, from settlement history blended with transcripts (n=3). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “Coinbase: ‘Custodial / Custody’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/COIN/words/custodial-or-custody (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=coinbase&word=custodial%20%2F%20custody · quotes: /api/v1/quotes?entity=coinbase&word=… · columnar JSON in #parrot-data · llms.txt · MCP