India, July 17 -- Trump Media & Technology Group (TMTG) has launched a new paid product called Truth API. It gives banks, trading firms and other financial companies much faster access to posts on Truth Social. The company said Truth API is its first data licensing product, marking its entry into a new business where it earns money by selling access to its platform's data.

TMTG said the service will give customers the fastest access to posts from the platform's most influential accounts, faster than normal Truth Social push notifications. At launch, Truth API will provide real-time posts from the top 10 most influential Truth Social accounts.

TMTG said the service is mainly meant for organizations that lose money if they receive importa...