Overview
- Trump Media & Technology Group has announced Truth API, a paid feed that will stream posts from 10 high-impact Truth Social accounts to institutional clients and is set to launch on August 1 with early customers reportedly signed up.
- Reporting says the service will cost roughly $60,000 to $100,000 per month for firms that need faster, machine-readable access than standard app notifications.
- Market-structure experts warn that millisecond advantages matter in automated trading and that the product could create a two-tiered market where well-funded firms get privileged access to market-moving statements.
- Legal and ethics commentators point to the company’s financial ties to the president and his family and say selling faster access to potentially material presidential communications raises conflict-of-interest and securities-law concerns.
- The move follows repeated episodes when Truth Social posts have moved currencies, stocks and crypto, and it is presented by TMTG as a revenue step for a loss-making company that is seeking new ways to monetize its content.