Truth Social will authorize data services to Wall Street

According to Axios, Kevin McGurn, the interim CEO of Trump Media & Technology Group, stated that the company will launch a backend interface allowing financial services companies to pay for access to real-time data from Truth Social.

McGurn mentioned that this is the company's first expansion of its media business into the data licensing field. The newly launched Truth API will provide customers with real-time access to content published by the top ten trending accounts on the platform.

McGurn stated that customers willing to pay higher fees in the future will also gain access to more accounts' data. These accounts include important decision-makers who influence policy-making and geopolitical trends, such as former President Trump, the White House, FBI Director Kash Patel, White House Deputy Chief of Staff Dan Scavino, and U.S. Secretary of Health and Human Services Robert F. Kennedy Jr.