Trump Media to sell Wall Street access to market-moving Truth Social posts
Trump Media & Technology Group is launching 'Truth API,' a service that provides Wall Street firms with real-time access to market-moving posts from Truth Social. The move aims to monetize the platform's influence on financial markets, though it raises questions about potential conflicts of interest.
Why it matters
The service highlights the intersection of political communication and financial markets, where presidential social media activity can directly impact asset prices.
Trump Media & Technology Group, a company owned by President Donald Trump, is offering Wall Street firms access to a new speciality service that rapidly delivers and curates market-moving posts from the president’s preferred social media platform.
Truth Social, which launched in 2022, has become the platform where the president offers high-impact statements and announces major decisions. Among those statements, Trump has frequently unveiled changes to U.S. tariff policy; discussed meetings with world leaders, like Chinese President Xi Jinping and Russian President Vladimir Putin; and, in recent months, provided updates on the ongoing war with Iran.
The service, announced Thursday, has been dubbed “Truth API.” An API, or application programming interface, allows software applications to communicate with each other.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in