Trump Media & Technology Group (TMTG) has officially launched the Truth API paid data service, offering Wall Street institutional clients faster millisecond-level real-time access compared to regular users, specifically covering posts from the top 10 most influential accounts on the Truth Social platform, including President Trump's own account.

The service went live on August 1, with the company having quoted potential clients in mid-July, with monthly fees ranging from $60,000 to $100,000, potentially dropping to $60,000 for a three-year term, and an annual fee reaching up to $1.2 million; the service provides a 24/7 machine-readable data stream, along with historical archives dating back to 2022, clearly targeting high-frequency trading firms and algorithmic trading teams. The company claims to have signed at least five clients before the launch.

The Trump-related trust holds approximately 41.5% of TMTG's shares, with the company's first-quarter revenue at only $871,000 and projected annual revenue of about $3.68 million for 2025. The Truth API is positioned as a high-margin recurring revenue source, with the CEO publicly stating that the market has already monetized the information delay advantage due to fluctuations in Truth Social posts.

The pricing is significantly higher than similar social media platform data licensing levels, with clients purchasing the extremely short time window between public post releases and regular push notifications for preemptive trade execution; senators have publicly called for an SEC investigation, claiming this move exploits the presidential office to create benefits for company shareholders.

In market mechanics, paid institutions capture momentary fluctuations triggered by policy-related posts through millisecond advantages and profit from them, with funds flowing from trading firms to TMTG and Trump-related shareholders, while non-paying market participants face direct pressure due to information delays, leading to increased event-driven trading volumes.

The company emphasizes that the posts themselves are public information, and only the delay difference is being sold, not non-public content.

Source: Public Information