$15,362.67 VOL.
$6,258.08 VOL.
If the United States explicitly and formally recognizes Somaliland as a sovereign state independent from any previously recognized country after Issuance and before Jan 20, 2029, the market resolves to Yes.
This could include: opening a U.S. embassy with Somaliland, accepting an ambassador from Somaliland, including the entity as an independent country in U.S. Department of State country lists, or signing a formal treaty, bilateral agreement, or communique that explicitly identifies Somaliland as an independent and sovereign state. Merely acknowledging a governing authority exists, without recognizing its authority, is insufficient to resolve the market to Yes. Establishing a consulate or liaison office without the formal status and language of recognition does not qualify. Trade offices, cultural centers, or other non-embassy missions are insufficient. Participation alongside the entity in international conferences, humanitarian aid missions, or multilateral forums does not in itself constitute recognition as a sovereign state. Nor does U.S. abstention or vote in an international organization automatically equate to bilateral recognition.
Opened: Dec 18, 2024, 10:00 AM
Closes: 2029-01-20T15:00:00Z
Pays out: 0.5 hours after closing
If this event occurs, the market will close the following 10am ET. Otherwise, it closes by Jan 20, 2029, 10:00 AM.
Series KXRECOGSOMALI-29 Event KXRECOGSOMALI-29 Market KXRECOGSOMALI-29