According to Reuters on July 16th, recently, Trump's 'Trump Media and Technology Group' has launched a paid licensing data interface, which will provide the 'fastest' access to posts from top accounts on 'real social' platforms, including Trump's own account.
A spokesperson for the company said that this product, named ‘Truth API’, will send posts from 10 of the most influential accounts to customers at a much faster rate than regular push notifications on ‘real social’ platforms.
The spokesperson also said that this product is designed specifically for institutions such as algorithmic trading companies, which are “most affected by the cost of information delay.” “Previously, those companies that prioritized tracking popular posts relied on manual monitoring. The Truth API fills this gap.”
According to reports, this move is the first step for Trump’s media and tech group in entering the field of data authorization, and it has opened up new sources of revenue for the company. Through his “Real Social” account, Trump has posted several announcements that have caused global market fluctuations, including his “Liberation Day” tariffs and posts related to trade restrictions. This has made the platform an important source of information for traders, businesses, and financial institutions.
The company’s interim CEO said: “The market has begun to pay attention to posts related to ‘real social interaction’… As the number of users increases, we expect the Truth API to become an important and ongoing source of revenue for the company.”
Regarding whether this action will cause unequal access to trading opportunities, the company has not immediately responded to the request for comment.
