India, Aug. 11 -- Trump Media has signed up more than 10 customers for its new Truth API service. The service gives Wall Street traders faster access to market-moving posts made by influential accounts on Trump's Truth Social platform. Truth API launched at the start of August. It is designed to give some traders an early look at posts from the most influential Truth Social accounts before the information spreads more widely.

Most of the early customers are high-frequency trading firms. These firms use technology to make very fast trades based on market information. Trump Media interim CEO Kevin McGurn said customers are paying between $60,000 and $100,000 a month for Truth API during the company's earnings call, according to BBC News. ...