Trump Media to Sell Real-Time Truth Social Feed to Traders

Trump Media & Technology Group announced a licensed data feed that will deliver immediate copies of public posts on its Truth Social platform to trading firms and market-data vendors.

The company said the feed will provide licensed customers with real-time access to public Truth Social content so firms can incorporate posts into algorithmic trading, research and market-monitoring systems. The offering is part of the company’s plan to generate revenue by licensing platform content to commercial clients.

Under the plan, trading firms and data vendors would pay for the feed and receive an instantaneous stream of public posts, including messages from high-profile accounts whose statements have previously affected share prices, cryptocurrencies and investor sentiment. Trump Media did not disclose pricing or a start date. Access will be granted to approved customers under commercial agreements and content-licensing terms.

The feed will be delivered through standard market-data channels and will be governed by contractual restrictions on redistribution and use, according to the company. Trump Media explained the product is meant to convert platform traffic into subscription and licensing revenue and to serve firms that already collect large volumes of social and news data.

In a statement, Trump Media wrote: “Licensed customers will receive the same posts that are publicly visible on Truth Social at the moment they are posted.”

Market participants and legal observers raised questions about fairness and market integrity, noting that buyers of a real-time feed would receive content at the same instant it is published, potentially giving speed-focused trading shops an edge over retail investors and slower data consumers. The Securities and Exchange Commission has issued guidance and pursued enforcement in cases involving social-media communications used to manipulate markets or to spread false or misleading information.

Trump Media noted customers would be responsible for complying with securities laws. The company emphasized the feed covers public posts only and will not provide pre-publication or private communications. The company declined to comment on whether it has reached agreements with specific trading firms or market-data vendors.

Legal experts said commercial distribution of public social-media posts is common in the market-data industry, where vendors aggregate feeds from many platforms and sell them to finance and media clients. They added that it is less common for a platform owner to package direct, real-time access to a single site where posts from a few high-profile accounts can have outsized market effects.

The announcement follows years of efforts by Trump Media to commercialize Truth Social through advertising, subscriptions and licensing. Regulators, exchanges and market-data providers continue to monitor changes in information distribution that could affect trading practices and access differentials among market participants.