Image default
Uncategorized

Trump Media sells Wall Street low-latency access to Trump posts

Trump Media, the company that operates the Truth Social network, said Thursday it was launching a new paid-for API that gives Wall Street firms “the fastest” access to posts from the most influential Truth Social accounts, including US President Donald Trump.

The API is targeted to be available to institutional customers from Aug. 1, 2026, and is aimed at high-frequency and algorithmic trading firms that require a low-latency, machine-readable feed, said the company on Thursday. 

“Markets already move on Truth Social posts,” said Kevin McGurn, interim CEO of TMTG in a statement. “Truth API delivers a direct, licensed, real-time feed of the platform’s most market-moving Truths while advancing our strategy to monetize proprietary assets through a high-margin, recurring revenue stream.”

Posts from Trump’s Truth Social account have moved markets, with the most recent examples being his posts relating to the ongoing conflict between Iran and the US. Other major accounts on Truth Social include Donald Trump Jr, Eric Trump and FBI Director Kash Patel. 

“Companies have previously tried to scrape data from Truth Social, which is in violation of its terms of service,” McGurn said, according to CNN. 

“We’re going to create a lot of friction for those folks that aren’t coming to us directly,” he added.

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Latest News#Trump #Media #sells #Wall #Street #lowlatency #access #Trump #posts1784256827

Related posts

Ethereum nears market bottom against Bitcoin, though key signals remain unconfirmed: CryptoQuant

admin

Bitcoin bear market ‘dead’ after first TD9 reversal signal since July 2022 fires

admin

Bitcoin risks new 'purge' with bear-market losses still $35B below 2022 total

admin

Leave a Comment