Trump Media to sell instant access to 'market-moving' social posts
Trump Media & Technology Group is launching a paid API service to provide institutional traders with high-speed access to Truth Social posts. The company aims to monetize the market-moving impact of Donald Trump's social media activity.
Why it matters
This move highlights the commercialization of political influence and the increasing speed at which social media sentiment impacts global financial markets.
Share Save Add as preferred on Google Francisco Velasquez Business reporter Getty Images Trump Media & Technology Group, which owns Truth Social, is launching a paid service to give Wall Street firms high-speed access to its most influential posts.
From 1 August, instant updates will be delivered from "the highest-ranking" accounts, it said. US President Donald Trump currently has the most followers on the platform.
The company behind the app hopes it will create a steady new source of money for the firm which is currently loss-making.
It is likely to be aimed at financial traders who want to see market-moving news fast. Trump’s social media posts often cause sudden swings in global markets, especially when he writes about trade and tariffs.
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