Trump Media to license Truth Social data to financial services firms

Trump Media launched Truth API for financial services companies. This new data feed offers rapid access to top Truth Social posts. The paid service aims to provide immediate, verified information to organizations. Algorithmic trading firms are a...

ANI
Donald Trump
Trump Media & Technology Group on Thursday launched Truth API, a licensed data feed that will provide financial services companies with "the fastest" access to posts from ‌the highest-ranking ⁠Truth ⁠Social accounts.

The paid-for API (application programming interface) is aimed at giving "immediate, verified access to information" on Truth Social to organizations that prioritize tracking influential posts on the platform, the company said in a statement.

"Until now... firms ⁠that prioritize ‌tracking influential Truth posts have relied on manual monitoring. Truth API ⁠closes the gap," it said, adding that the feed is designed for businesses "most impacted by the cost of a delay in information" such as algorithmic trading firms.


The API will be significantly faster than scraping Truth Social data, Trump ‌Media interim CEO Kevin McGurn said in an interview with Axios earlier in the day.

The ⁠product, available to enterprise customers starting August, is expected to create a new revenue stream for the company.

It will provide round-the-clock coverage of influential posts on Truth Social and include an archive of posts dating back to 2022.
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