Truth Social will launch a paid licensed data feed, Truth API, which will provide banks and trading firms with the fastest access to posts by U.S. President Donald Trump and other influential users of the platform. Reuters reported this on July 16, citing Trump Media & Technology Group (TMTG).

“Truth API launches on August 1 and already has registered clients. The feed will cover 10 influential accounts and archive posts dating back to 2022,” the publication says.

As the company noted, the service is intended for organizations “most affected by the cost of information delays,” including algorithmic trading firms.

According to the agency, this move marked TMTG’s first step into data licensing. It is уточняется that the company had previously faced difficulties scaling its media business amid competition from larger social networks.