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Trump Media Weighs ‘Truth API’ for Wall Street, With Fees of Up to $100,000 a Month

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Photo: Shutterstock
Photo: Shutterstock

Trump Media, the operator of President Donald Trump’s social media platform Truth Social, is weighing the launch of a "Truth API" service that would deliver posts to banks and trading firms with ultra-low latency.

Walter Bloomberg reported on July 17 that Trump Media is considering charging as much as $100,000 a month for the service. The API would deliver posts from major accounts, including Trump’s, as quickly as possible.

The company aims to create a new revenue stream by leveraging posts from the president that can have an outsized impact on markets.

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