Truth Social to sell banks 'fastest' access to Trump's posts

July 16 (Reuters) - Trump Media & Technology Group has unveiled a paid-for, licensed data feed that will give banks ​and trading firms "the fastest" access to posts from influential Truth Social ‌accounts, such as President Donald Trump's, whose posts often move global markets. The product, called 'Truth API', will deliver posts from the 10 most influential accounts to customers at a significantly ​faster pace than a regular push notification on the Truth Social ​platform, a spokesperson said.

The feed is designed for organizations "most impacted by ⁠the cost of a delay in information", such as algorithmic trading firms, ​the company said in a statement. "Until now... firms that prioritize tracking influential Truth ​posts have relied on manual monitoring. Truth API closes the gap."