Trump Media Signs Up Over 10 High-Frequency Trading Firms for Truth API
Trump Media says it has onboarded more than 10 customers, mostly high-frequency trading firms, for its Truth API, which offers faster access to President Trump's Truth Social posts. Monthly fees range between $60,000 and $100,000.
DJT
The company announced that over 10 clients have subscribed to the service, with the earliest adopters predominantly being high-frequency trading firms.
These firms are paying between $60,000 and $100,000 per month for the accelerated data feed. The API is designed to deliver Trump's social media posts more rapidly than standard public access, allowing traders to potentially act on market-moving information.
No further details on the launch timeline or additional use cases were provided.
Source: The Kobeissi Letter