Trump Media launches a paid API, selling low-latency access to Trump posts to Wall Street

Trump Media (TMTG) announced on Thursday the launch of a paid Truth API, providing institutional clients with the fastest real-time access to the most market-influential accounts on the Truth Social platform (including U.S. President Trump). The target clients are high-frequency and algorithmic trading firms, with plans to open to institutional clients starting August 1.

Interim CEO Kevin McGurn stated that the market has already been fluctuating due to Truth Social posts, and this API offers a direct, authorized real-time machine-readable data stream, while advancing the company's strategy to monetize proprietary assets through high-margin recurring revenue streams. Trump's Truth Social posts have previously triggered market fluctuations, with recent examples including his posts regarding the U.S.-Iran conflict.

McGurn also mentioned that some companies have attempted to scrape Truth Social data in violation of rules, and we will create significant friction for those who do not obtain data directly from us. Other major accounts on Truth Social include Donald Trump Jr., Eric Trump, and FBI Director Kash Patel.