Trump Media launches Truth API for high-speed market data access

Trump Media has launched Truth API, a new service designed to provide institutional investors, such as banks and hedge funds, with ultra-fast access to posts from the most influential accounts on Truth Social.

The service is engineered to deliver information from top accounts, including Donald Trump, within milliseconds. This speed is intended to assist high-frequency trading firms that utilize algorithms to react to market-moving news regarding stocks, bonds, currencies, oil, and cryptocurrencies. While the company maintains that posts remain publicly accessible to everyone, the API provides a more efficient technological pathway for professional market participants.

Reports indicate the service could cost up to $100,000 per month. Analysts have raised several concerns regarding the launch. Some suggest it may incentivize more frequent market-related posting to satisfy clients, while others raise ethical questions regarding the intersection of Trump's business interests and his political role. Critics like Dean Baker of the Center for Economic and Policy Research argued the service could favor insiders at the expense of average investors.