Trump Media & Technology Group announced plans to launch Truth API on August 1, a paid data feed that will provide institutional clients with licensed, real-time access to posts from high-profile accounts on Truth Social. The service is designed to eliminate delays caused by data scraping and give financial firms a speed advantage in reacting to market-moving statements.
President Donald Trump, who has 12.9 million followers on the platform, frequently uses Truth Social to share policy announcements and government news ahead of other channels. His posts have previously caused rapid swings in stocks, oil, bonds, and cryptocurrencies. With the API, trading algorithms can process these updates milliseconds faster, a critical edge for high-frequency traders.
Interim CEO Kevin McGurn said the feed could become a meaningful source of ongoing revenue for the company, which has seen its stock price decline 77% since Trump returned to the White House. The initiative follows Trump Media’s other ventures, including a streaming site, a cryptocurrency wallet, and a proposed merger with a nuclear fusion firm.
The launch comes amid scrutiny over Trump’s own trading activity. A CNN investigation alleged he praised over 20 companies on Truth Social shortly after purchasing their shares, raising questions about conflicts of interest. The White House maintains that Trump’s investments are managed independently by third parties.
