BlockBeats report, on August 2, Trump Media Group officially launched its 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 targeted at trading firms and enterprises.
Trump Media's interim CEO, Kevin McGurn, said the Truth API is designed to provide institutions with a "direct, authorized, real-time data stream of the most market-impacting Truth posts." Trump’s @realDonaldTrump account currently has 13 million followers, and some of his key policy announcements are first released on Truth Social.
Before the service launched, U.S. Democratic Senators Adam Schiff and Elizabeth Warren sent a letter to the U.S. Securities and Exchange Commission requesting an investigation into whether Trump Media violated the law. They stated that the service may constitute using the presidency for personal gain, harming ordinary investors and market integrity.
Trump Media stated that Truth Social posts have already influenced markets, and the Truth API will drive the company’s monetization of its proprietary data assets through a high-margin, recurring revenue model.


