Trump Media to Offer Real-Time Truth Social Feed for Wall Street
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Trump Media to Offer Real-Time Truth Social Feed for Wall Street

Resumen

Trump Media & Technology Group will launch a paid API delivering millisecond-level access to posts from top Truth Social accounts, targeting high-frequency traders and other firms that rely on instant market information.

Trump Media & Technology Group announced plans to introduce a "Truth API" that will provide Wall Street firms with real-time access to posts from the platform's most prominent accounts. The service, slated to begin on Aug. 1, will deliver content to subscribers within milliseconds and include a searchable archive dating back to 2022.

"Markets already move on Truth Social posts," interim CEO Kevin McGurn said in a statement. McGurn added that the feed is intended for entities "most impacted by the cost of a delay in information," such as high-frequency trading firms that execute trades in fractions of a second. He said the offering is expected to become a "meaningful, ongoing source of revenue" for the company, though pricing details were not disclosed. The company described the API as a "direct, licensed, real-time feed of the platform's most market-moving Truths" and highlighted its potential to generate a recurring, high-margin revenue stream. Trump founded the media venture in 2021 after his accounts were suspended on major social networks following the Jan. 6 Capitol riot, suspensions that have since been lifted.

Fuente

CBS News

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