NEW: Trump Media said more than 10 customers, mostly high-frequency trading firms, have signed up for its real-time Truth Social data feed, per WSJ.

What happened

Trump Media announced that more than ten customers, primarily high‑frequency trading firms, have subscribed to its real‑time Truth Social data feed, according to the Wall Street Journal.

Confirmed

Global impact / market context

The feed gives traders instant access to Trump‑related social media posts, which can trigger rapid price moves. This creates a new revenue stream for Trump Media and may increase the platform’s relevance to financial markets.

Analyst inference

Social‑media sentiment is increasingly used in algorithmic trading. By monetizing real‑time posts, Trump Media joins other platforms that sell data to traders, potentially boosting its valuation and attracting more institutional interest.

Analyst inference

What to watch

1. Growth in the number of subscribing firms, which would indicate demand for Trump‑related sentiment data and could lift the company’s recurring revenue. Analyst inference
2. Any regulatory scrutiny of real‑time social‑media data feeds, as rules could affect how the service is offered or priced. Proposed
3. Impact on Truth Social’s user engagement metrics, since higher trading interest might encourage more content creation and platform activity. Analyst inference

Evidence

• x.com