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Trump Media Weighs ‘Truth API’ for Wall Street, With Fees of Up to $100,000 a Month

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JH Kim

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Photo: Shutterstock
Photo: Shutterstock

Trump Media, the operator of President Donald Trump’s social media platform Truth Social, is weighing the launch of a “Truth API” service that would deliver posts to banks and trading firms with ultra-low latency, Walter Bloomberg reported on July 17.

The company is considering charging as much as $100,000 a month for the service. The API would deliver posts from key accounts, including Trump’s, as quickly as possible.

Trump Media’s strategy is to create a new revenue stream by leveraging Trump’s posts, which can have an outsized impact on markets.

#Social Media
#Trending Coins
#Macroeconomy
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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