Trump Media and Technology Group debuted a paid data service on August 1, offering real-time access to Truth Social posts. Democratic senators have requested an SEC investigation into the offering.
The new API provides subscribers with "a direct, licensed, real-time feed of the platform's most market-moving Truths," according to the company. The service grants faster access to posts compared to standard platform users.
The launch comes as Democratic senators raised concerns about the data service, asking the Securities and Exchange Commission to examine potential implications. The senators' request focused on whether the API could present regulatory issues.
Truth Social, Trump Media's social network alternative, has positioned itself as a free-speech platform since its 2021 launch. The paid API represents a revenue expansion strategy for the company, which has faced ongoing financial scrutiny.
Details on pricing, API capabilities, and subscription terms were not immediately disclosed. The service targets users and organizations seeking prioritized access to platform activity.
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