Trump Media Group officially launches Truth API, allowing early access to Trump posts for $100,000 per month

According to CNBC, the Trump Media Group has officially launched the paid data service Truth API, providing customers with faster access to posts from Trump and other top accounts on the Truth Social platform. The service costs up to $100,000 per month and is primarily aimed at trading firms and enterprises.

Trump Media's interim CEO Kevin McGurn stated that the Truth API is designed to provide institutions with "direct, licensed, real-time streams of the most market-impacting Truth posts." Trump's @realDonaldTrump account currently has 13 million followers, and some of his key policy decisions will be announced first on Truth Social.

Before the service launched, U.S. Democratic Senators Adam Schiff and Elizabeth Warren had already written to the U.S. Securities and Exchange Commission, requesting an investigation into whether Trump Media violated the law.

The two stated that the service could constitute using the presidential office for personal gain and harm ordinary investors and market integrity.

Trump Media stated that Truth Social posts have already been able to influence the market, and the Truth API will drive the company's monetization of its own data assets through a high-margin, recurring revenue model.