The new paid service could reshape how trading firms react to breaking news from one of the world's most closely watched political figures.
Trump Media & Technology Group (TMTG) is launching a new premium data service that gives banks and trading firms faster access to posts from President Donald Trump and other influential Truth Social accounts. The product, called Truth API, is set to launch on August 1, with customers already signed up.
Key Details
Truth API will deliver posts from the platform's 10 most influential accounts more quickly than standard Truth Social notifications. TMTG says the service is built for firms where even a small delay in receiving information can affect trading decisions, particularly algorithmic trading firms.
The feed will include 24/7 coverage and an archive of posts dating back to 2022.
TMTG described the launch as its first move into data licensing, creating a new source of revenue as it looks to expand beyond its social media business. Interim CEO Kevin McGurn said the company expects the service to become a meaningful long-term revenue stream.
Trump's Truth Social posts have repeatedly moved financial markets, including on April 9, 2025, when U.S. stocks surged after he announced a 90-day pause on many new tariffs.
The company also said some firms have been scraping Truth Social data for months in violation of its terms of service and plans to make that more difficult.
Why It Matters
The announcement highlights how political news can quickly influence stocks, forex, and other financial markets. Faster access to market-sensitive posts may provide an advantage to professional trading firms that rely on speed.
For traders, timing can make a significant difference. Direct, low-latency access to market-moving information could become another competitive edge for institutions using automated trading strategies.
The Truth API launches on August 1, and investors will be watching how widely it is adopted, whether it becomes a meaningful business for TMTG, and whether concerns over fair market access attract further political or regulatory attention.
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Source: Reuters
Time: 11:00 AM EEST
