The new service, dubbed Truth API, provides a machine-readable feed designed for algorithmic traders who rely on low-latency data. By bypassing standard platform push notifications, the company aims to monetize its proprietary data stream. Interim CEO Kevin McGurn stated that the move is part of a strategy to create a high-margin revenue stream for shareholders, noting that financial markets already react to content posted on the network.
Trump Media to Sell High-Speed Access to Presidential Posts
Conflict of interest concerns have emerged as Trump Media & Technology Group prepares to launch a paid API service. Starting August 1, the product will offer high-frequency trading firms and institutional investors millisecond-level access to market-moving posts from President Donald Trump and other influential accounts.
Critics argue the service creates a troubling dynamic between the presidency and private profit. Virginia Canter, an ethics attorney at the Democracy Defenders Fund, stated that the president has an obligation to convey information publicly rather than funneling it through a private channel where he holds a significant stake. The Trump family trust currently owns approximately 42% of the company's shares. This development follows instances of extreme market volatility tied to the platform, including an April 2025 incident where a post from the president preceded a 10% surge in the S&P 500 index.
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