Trump Media & Technology Group announced plans Thursday to launch a premium data service granting hedge funds and institutional investors expedited access to President Donald Trump's Truth Social posts. The service, called Truth API, will become available next month to hedge funds, high-frequency trading firms, and other institutional clients.
The company said several customers have already enrolled but did not specify how much faster the premium feed will operate compared to the public version.
Since Trump returned to the White House, his Truth Social account has emerged as a significant source of breaking news capable of moving financial markets. His posts addressing tariffs, international trade, foreign policy, and other matters have frequently prompted sharp swings in stocks, bonds, and energy prices.
Professional trading firms already subscribe to premium data services from platforms including X and Reddit, where speed advantages of fractions of a second can provide competitive edges in reacting to news.
Trump Media said the Truth API aims to eliminate the delay between when a post is published and when institutional subscribers receive it.
Interim CEO Kevin McGurn stated the company expects the service to become an important source of recurring revenue as Trump Media expands into cryptocurrency, streaming services, and nuclear fusion technology.
As part of this diversification, Trump Media is pursuing a merger with California-based nuclear fusion startup TAE Technologies. Last December, the company announced a $6 billion all-stock merger agreement with TAE, expected to close in the fourth quarter of 2026 or earlier, pending regulatory approval and shareholder consent.
Trump Media has not disclosed Truth API pricing. McGurn said he believes financial firms will find sufficient value in receiving posts faster than through web scraping or other public methods to justify payment.
Axios reported the platform could eventually offer multiple subscription tiers allowing customers to pay higher fees for access to a broader selection of monitored Truth Social accounts.
Shares of Trump Media & Technology Group fell about 3% Thursday, closing at $9.28, and have declined roughly 77% since Trump returned to office in 2025.