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Trump Media & Technology Group quoted $100,000 per month to promote Truth Social’s high-speed data interface
PANews July 18 report: According to the Financial Times, Trump Media & Technology Group (TMTG) is pitching potential customers Truth Social’s high-speed data access service, charging $100k per month.
The report says the company offers institutions a service for rapidly obtaining content posted by U.S. President Trump on Truth Social, including lower-latency data streams so customers can access his public statements and market-relevant information faster.
Truth Social is a social media platform owned by Trump. It has drawn interest from investors and trading institutions because Trump frequently posts political views, policy stances, and market-related comments. The related service is believed to potentially attract institutional users who want to quickly capture policy signals, shifts in public sentiment, and market impact. It is still unclear how many customers have accepted the offer or whether the data service has already been officially commercialized.
Market participants point out that, as social media information continues to increase its influence on financial markets, real-time data access has become an important tool for trading institutions to compete. Similar services have also previously been used by major data providers to deliver high-value information streams to investors.