Trump Media to Sell Real-Time Truth Social Data Feed to Investors

President Donald Trump’s media company, Trump Media & Technology Group, announced Thursday that it plans to launch a new data service providing high-speed, real-time access to posts from Truth Social. The product, referred to in company releases as both “Truth API” and “Truth PSI,” is scheduled to begin service next month.

The platform is designed to provide institutional customers, specifically algorithmic and high-frequency trading firms, with direct access to posts from the “highest-ranking Truth Social accounts” in milliseconds. According to the company, the service aims to eliminate the need for users to monitor the platform manually, providing a continuous 24/7 data feed that includes an archive of posts dating back to 2022.

Market Impact and Financial Strategy

Trump Media & Technology Group, the parent company of Truth Social, has positioned this service as a key component of its broader strategy to monetize proprietary assets. Kevin McGurn, the company’s interim chief executive officer, stated that he expects the product to become a “meaningful, ongoing source of revenue for the company, creating lasting value for shareholders.”

For Wall Street firms, the timing of information is a critical factor. Investors often monitor Truth Social for market-moving news, as President Trump frequently uses the platform to announce policy updates, including decisions regarding tariffs, immigration enforcement, and foreign conflicts. Posts concerning the war in Iran, for example, have previously drawn attention from investors due to concerns regarding oil prices, inflation, and potential Federal Reserve interest rate adjustments. By reducing the delay in receiving such information, trading firms can execute transactions in stocks, bonds, and interest rates more quickly.

For more on this story, see In Trump’s Colony: Does the US Really Hold the Reins in Venezuela?.

The Role of the President as a Shareholder

The service is notable because President Trump is the platform’s most-followed user, with 12.9 million followers. He is also the largest shareholder of Trump Media & Technology Group. While the company has not publicly disclosed the pricing for the new service, it confirmed that it has already secured customers for the feed.

The company did not respond to inquiries regarding whether the president’s posts would be excluded from the offering, nor did it comment on whether the service constitutes profiting from the presidency. The president’s stake in the company is held in a trust managed by his eldest son, Donald Trump Jr.

This follows our earlier report, Trump vs. Iran: Impact on Bitcoin, Crypto, and Market Volatility.

Ethical Concerns and Regulatory Context

The announcement has drawn criticism from ethics experts regarding potential conflicts of interest. Kathleen Clark, a professor at Washington University School of Law and an expert on government ethics, characterized the move as an “improper exploitation of government power.” While federal conflict-of-interest laws generally prohibit government officials from profiting from their positions, the president is exempt from these specific provisions. President Trump has declined to take these steps. The launch of the data feed comes as Trump Media & Technology Group seeks to diversify its business interests into other sectors, including cryptocurrency, financial services, and nuclear fusion.

Read also: Donald Trump: The Anti-Communist Who Mimics Communists.

Company Performance and Market Context

The introduction of the data feed follows a period of financial volatility for Trump Media & Technology Group. Shares of the company have fallen approximately 70% since the president took office last year, representing a decline in shareholder value. On Thursday, following the announcement of the new service, the company’s stock rose 0.6% to $9.63.

The company’s recent efforts to expand its business portfolio follow the replacement of former CEO Devin Nunes with Kevin McGurn. As the company prepares for the August launch of its data feed, it continues to face scrutiny regarding the intersection of the president’s official duties and his financial interests in the media platform.

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