Truth Social to sell trading firms 'fastest' access to Trump's posts

Trump Media & Technology Group (TMTG) is introducing a new paid data feed called "Truth API." This service will provide banks and trading firms with expedited access to posts from influential Truth Social accounts, particularly those of former U.S. President Donald Trump, whose social media activity has previously impacted global markets.

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Until now... firms that prioritize tracking influential Truth posts have relied on manual monitoring. Truth API closes the gap.

The Truth API will deliver posts from the 10 most influential accounts at a faster rate than standard notifications. TMTG stated the feed is designed for organizations, such as algorithmic trading firms, that are most sensitive to information delays. "Until now... firms that prioritize tracking influential Truth posts have relied on manual monitoring. Truth API closes the gap," a company spokesperson said.

This initiative marks TMTG's first venture into data licensing, aiming to establish a new revenue stream. The company has faced competition from larger social media platforms. "Markets already move on Truth Social posts... As adoption grows, we expect Truth API to become a meaningful, ongoing source of revenue for the company," said TMTG's interim CEO Kevin McGurn.

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Markets already move on Truth Social posts ... As adoption grows, we expect Truth API to become a meaningful, ongoing source of revenue for the company.

Trump's past posts on Truth Social, including those concerning tariffs and trade with China, have demonstrably influenced markets. For instance, on April 9, 2025, major stock indexes rose after he announced a 90-day pause on new tariffs. "As far as I know, the only market-moving poster on Truth Social is Trump himself and his posts definitely move the market," noted Mark Spiegel, a portfolio manager at Stanphyl Capital Partners.

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As far as I know, the only market-moving poster on Truth Social is Trump himself and his posts definitely move the market.

Legal experts suggest that while offering early access might create uneven trading opportunities, it may not violate federal securities laws. Robert Frenchman, a partner at Dynamis law firm, stated, "It certainly does not seem fair, but yes, a tech platform can tier its distribution of information without violating federal securities laws." Democratic Senator Ron Wyden, however, criticized the program, expressing concern over selling access to presidential statements.

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It certainly does not seem fair, but yes, a tech platform can tier its distribution of information without violating federal securities laws.