The Stellar Development Foundation (SDF), which is responsible for the development and growth of Stellar, today announced a strategic investment in DSTOQ Group AG based in Liechtenstein. DSTOQ is a Stellar-based FinTech project that allows users to invest in traditional stocks with fiat and cryptocurrency.
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Stock splits divide cost basis among more shares without increasing tax liabilities.When a stock split occurs, a bookkeeping adjustment to cost basis should be made. Cost basis is the amount paid to purchase the stock and is subtracted from the sale price to determine profit. A stock split increases the number of shares and decreases the cost basis per share. Cost Basis 101: How to Correctly Understand It
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