Trump Media & Technology Group said Thursday it will launch a premium data service that gives Wall Street firms and institutional investors near-instant access to President Donald Trump's Truth Social posts, betting traders will pay for even milliseconds of advance notice on market-moving news.
The new Truth API (application programming interface) service is expected to launch next month for hedge funds, high-frequency trading firms, and other institutional customers.
The company said some customers have already signed up but did not disclose exactly how much faster the feed will be than the public version.
Trump's Truth Social account has become a closely watched source of market-moving news since his return to the White House — with posts on tariffs, trade, foreign policy and the Iran war often sending stocks, bonds and oil prices sharply higher or lower.
Professional trading firms already pay for premium data feeds from platforms such as X and Reddit to gain even a slight speed advantage over competitors.
Trump Media said its new service is designed to eliminate the latency between when a post is published and when it reaches institutional users.
Interim CEO Kevin McGurn said Truth API is expected to become a meaningful recurring revenue source as the company expands beyond social media into cryptocurrency, streaming, and a proposed nuclear fusion merger.
Trump Media & Technology Group has a merger pending with TAE Technologies, a California-based nuclear fusion startup.
Last December, Trump Media announced the $6 billion all-stock merger with TAE — marking a dramatic expansion beyond social media into fusion energy. The companies' closing target is for the fourth quarter of 2026 or sooner, subject to regulatory and shareholder approvals.
Trump Media has not disclosed pricing for the Truth API service, and neither its press release nor company executives have said how much it expects institutional customers will pay.
McGurn belives customers are willing to pay more for faster Truth Social posts than web scraping them.
Axios reported the service could eventually offer tiered access, with customers paying more to receive a broader range of monitored accounts.
Shares of Trump Media (DJT) fell about 3% Thursday to $9.28 and are down roughly 77% since Trump returned to office in 2025.