According to @WatcherGuru, Coinbase CEO Brian Armstrong stated that major banks are piloting crypto with the exchange, highlighting ongoing institutional testing via Coinbase as the key update, source: @WatcherGuru. The source does not identify which banks are involved, nor the product scope or timeline, indicating only that a pilot phase has been referenced with no additional public details, source: @WatcherGuru. Coinbase is listed on Nasdaq under ticker COIN, making CEO statements about institutional pilots relevant to investors tracking company-related developments and market monitoring, source: Nasdaq listing information and @WatcherGuru.