Trump Media & Technology Group is reportedly offering Wall Street firms faster access to President Donald Trump’s Truth Social posts through a new service called Truth API. According to Reuters, the company has discussed charging as much as $100,000 per month, or $60,000 monthly under a three-year agreement, for the data feed. The service is set to launch on August 1 and will provide real-time access to posts from some of the platform’s most influential accounts.
The offering is aimed at banks, hedge funds, and high-frequency trading firms, where even a slight speed advantage can influence trading decisions. Trump’s social media posts have previously moved financial markets, including a 2025 announcement that paused some tariffs, which triggered a sharp rally in U.S. stocks. Trump Media said the new product will also include an archive of posts dating back to 2022.
The plan has drawn criticism from Democratic lawmakers and ethics advocates, who argue it could allow the president and his family to benefit financially from access to market-moving information. Trump Media has not disclosed pricing publicly or identified customers that have signed up for the service. The company says the Truth API marks its first step into data licensing as it looks to expand beyond its social media business.
Related Readings:
