This is real news, just announced today (July 16). Trump Media & Technology Group is launching a paid data feed called Truth API (part of a program dubbed “Truth PSI”), giving Wall Street trading firms and institutional customers real-time access to posts from the platform’s top 10 accounts — delivered “in milliseconds,” starting August 1. Yahoo Finance
Key details:
- What it is: An API feed that lets algorithmic trading desks get Truth Social posts faster than the general public, so they can trade ahead of market reactions.
- Whose posts: The feed covers the top 10-ranking Truth Social accounts — which almost certainly includes Trump himself (12.9 million followers, the platform’s most-followed account), along with high-engagement figures like FBI Director Kash Patel and Health Secretary Robert F. Kennedy Jr. CNNYahoo Finance
- Pricing: No pricing information was disclosed. Yahoo Finance
- Company’s stated rationale: TMTG’s interim CEO framed it as a revenue play — calling it a “direct, licensed, real-time feed of the platform’s most market-moving Truths” meant to advance a “high-margin, recurring revenue stream.” Yahoo Finance
- Why it matters for markets: Trump’s posts on topics like Iran and the Strait of Hormuz have previously moved oil markets, and trading desks already use algorithms to scan for market-moving signals and execute trades automatically, so a licensed millisecond-speed feed formalizes what’s effectively presidential-post arbitrage. Yahoo FinanceYahoo Finance
- Ethics angle raised by critics: Multiple outlets frame this as the president’s media company charging for special high-speed access to his own posts, including ones that could affect national security and financial markets, and note it’s the latest example of Trump blurring lines between his business interests and his White House duties. One outlet notes this is described as part of “a flurry of other deals by Trump and his family company that critics say are exploiting the presidency for profit.” Spectrum Local News + 2
Given your work on DSC’s Truth Social Decoder feature, this is a pretty direct real-world echo of exactly the dynamic you’ve been covering there — Trump’s Truth Social posts as market-moving events, now literally monetized as a data product.