Wall Street Gets New Trump Post Tracking Tool as Trump Media Launches Paid Data Service

Truth Social, a social media network, is getting a new service from its parent firm. According to the company's announcement on 16 July, paying users who are interested in market-moving information will get "licensed, real-time access" to postings made by top accounts, including President Donald Trump. The public firm that runs Truth Social, Trump Media & Technology Group, is majority-owned by members of the Trump family.

According to a survey conducted by SEO.ai in 2025, the biggest account on Truth Social is the president's @realDonaldTrump account. News organisations and Wall Street corporations that follow the president often monitor Trump's account on Truth Social since he routinely shares official statements there first. When releasing the news about the service—an Application Programming Interface—Trump Media omitted any reference to the president. However, it did hint at the possibility of interest from Wall Street corporations. According to the statement, Kevin McGurn, the temporary chief executive officer of Trump Media, stated that truth social posts already cause markets to move.

Trump’s Move Faces Strong Criticism

Some institutional customers have already signed up for the API, and it will open on August 1st, according to Trump Media's statement. An ethics attorney with the nonprofit group Democracy Defenders Fund—Virginia Canter—who has been outspoken in her criticism of the Trump administration said that this presents a significant conflict of interest. Canter asserted that the president does not fulfil his responsibility to the American people by disseminating information through a private channel, in which he has a personal stake as one of the company's major shareholders. According to Canter, Truth Social has essentially taken over as the presidential press room.

The president isn't the only big user on the social network, but there aren't many who can reliably influence markets. The president is close with several conservative individuals. A total of 7.4 million people follow Trump's son Donald Trump Jr., and 3.3 million people follow Eric Trump. Devin Nunes, who resigned from his position as head of Trump Media after leaving Congress, has 4.5 million followers. With 3.5 million, Dan Bongino is a former deputy director of the FBI. Similar to other social networks, Trump Media offers APIs to paying customers.

Wall Street corporations and hedge funds employ low-latency feeds to get a jump on social media posts that could affect the market. Algorithms that react to sentiment and new trends can be developed with access to post archives. Trump frequently updates Truth Social on his decisions regarding the war with Iran and tariffs, among other matters. However, none of those other social networks serve as the principal platform for official posts by the president of the United States.

Trump Media’s History

Following X and Facebook's decisions to deactivate Trump's account following the Capitol riot on January 6, 2021, Truth Social was established in 2021. As of late, Trump is back on both sites. Since its initial public offering (IPO) on March 26, 2024, under the ticker symbol DJT, Trump Media has been trading on the Nasdaq platform.

From that point until 16 July's morning, its shares fell 84%, as reported by FactSet. Trump was granted approximately 114 million shares, which constitute 42% of Trump Media, as disclosed in SEC filings. After becoming president, he gave his son Donald Trump Jr. a revocable trust that included those shares.