Trump Media Group launches paid data service “Truth API,” selling trading institutions the fastest access rights to Trump’s posts

Deep Tide TechFlow update: On July 17, the Trump Media and Technology Group (TMTG) announced on July 16 the launch of its paid data product “Truth API.” It will deliver real-time posts from the 10 most influential accounts on Truth Social (including Trump himself) to institutions such as banks and algorithmic trading firms at speeds significantly faster than ordinary push notifications. The product is planned to go live on August 1, and some customers have already completed contracts. The product will also provide round-the-clock coverage and a historical archive of posts dating back to 2022.

TMTG said this move marks the company’s first entry into the data-licensing business, aiming to monetize the market influence of Trump’s posts. Previously, Trump had repeatedly used Truth Social to publish major policy measures such as “Liberation Day” tariffs and restrictions on trade with China, triggering dramatic volatility in global markets.

In response, Ron Wyden, a senior Democratic member of the Senate Finance Committee, criticized the move, saying it would allow the Trump family to benefit and “make Wall Street traders rich.” Legal experts, meanwhile, said that grading and distributing information by technology platforms does not violate federal securities laws.