Key facts
- Trump Media plans to offer a paid API called Truth API.
- The API will provide financial institutions with expedited access to Truth Social posts.
- Posts from Donald Trump may be included in the expedited feed.
- The service is intended for high-frequency trading firms.
- Monthly fees could reach $100,000.
- Critics have described the plan as 'brazen corruption.'
Trump Media, the parent company of Truth Social, is reportedly planning to launch a paid application programming interface (API) that would offer financial firms expedited access to posts made on the platform. This service, dubbed Truth API, could potentially include posts from Donald Trump and is aimed at high-frequency trading firms seeking milliseconds of advantage.