Trump Media to sell faster access to president's Truth Social posts

Washington — President Trump's media institution volition merchantability faster entree to his Truth Social posts, wherever the president often announces argumentation updates and market-moving news. 

Trump Media & Technology Group announced Thursday it volition motorboat a Truth API information provender for Wall Street that provides "real-time entree to posts from the highest-ranking Truth Social accounts." It's expected to beryllium disposable opening Aug. 1, the institution said. 

"Markets already determination connected Truth Social posts," Kevin McGurn, interim main enforcement serviceman astatine Trump Media & Technology Group, said successful a statement. 

The institution said the API volition present posts to paying customers successful "milliseconds," and is designed for firms "most impacted by the outgo of a hold successful information," including high-frequency trading firms that bargain and merchantability stocks successful fractions of seconds. The information provender volition "provide continuous 24/7 coverage" and has an archive of posts dating backmost to 2022, the institution said. 

McGurn said helium expects the offering to supply a "meaningful, ongoing root of revenue" for the company. The institution did not specify however overmuch the work volition cost.

"Truth API delivers a direct, licensed, real-time provender of the platform's astir market-moving Truths portion advancing our strategy to monetize proprietary assets done a high-margin, recurring gross stream," helium said.

Mr. Trump founded his media and exertion institution successful 2021, aft galore of the largest societal media platforms suspended his accounts successful the aftermath of the Jan. 6 Capitol riot — suspensions that person since been lifted.

Mr. Trump is the highest-profile idiosyncratic of Truth Social, with 12.9 cardinal followers, though his eldest sons, Donald Trump Jr. and Eric Trump, and the White House besides person respective cardinal followers. The president has often utilized Truth Social to marque large argumentation announcements, including statements connected tariffs and the Iran warfare that person moved fiscal markets.