Catenaa, Saturday, September 26, 2026- CloudTech Group launched digital asset trading platform RooRooEx on Tuesday using Integral technology, targeting professional, high-net-worth and retail investors as Australia tightens oversight of crypto financial services.
The platform aggregates pricing from multiple liquidity providers and automatically routes orders among available sources, according to CloudTech and Integral.
That structure is designed to improve execution by finding available prices across several liquidity pools instead of relying on a single source.
RooRooEx supports Australian dollar and US dollar trading pairs across major cryptocurrencies, together with USDT trading.
Users can place market and limit orders or use time-weighted average price, known as TWAP, strategies.
TWAP divides a larger transaction into smaller trades executed over a specified period. Professional traders commonly use the method to reduce the market impact of large orders.
CloudTech said RooRooEx will be available globally, with Australia, Singapore and Malaysia forming its initial market focus.
The launch comes days before an Australian regulatory deadline affecting digital asset businesses that fall under existing financial services laws.
The Australian Securities and Investments Commission has given affected firms until September 30 to apply for or vary an Australian Financial Services licence.
ASIC said businesses that require authorisation but fail to meet the conditions of its transitional no-action position could be operating in breach of financial services law from October 1.
Civil and criminal penalties can apply, including fines of up to 10% of annual turnover in some cases.
ASIC said earlier this month that more than 45 applications had been lodged since it updated its digital asset guidance in October 2025.
Those requirements apply where a company’s digital asset products or services fall within existing definitions of financial products or financial services.
A separate regulatory framework is also approaching.
Australia’s Corporations Amendment Digital Assets Framework Act 2026 is scheduled to take effect on April 9, 2027.
The legislation will bring digital asset platforms and tokenized custody platforms into a dedicated licensing structure supervised by ASIC.
RooRooEx is registered as a business name of CloudTechX Pty Ltd, according to the Australian Business Register.
The registration took effect on July 13.
Business-name registration does not by itself establish that an entity holds an Australian Financial Services licence or another financial market authorisation.
CloudTech’s launch announcement did not specify which licences or authorisations would cover RooRooEx’s services in Australia, Singapore or Malaysia.
That distinction matters as the platform prepares to serve investors across several jurisdictions with different rules governing digital asset trading.
CloudTech described the system as combining features associated with cryptocurrency exchanges and over-the-counter trading.
Traditional crypto exchanges typically match orders through an order book, while OTC desks often arrange large transactions directly between counterparties or through liquidity providers.
RooRooEx instead uses Integral’s infrastructure to connect with multiple liquidity sources and select available pricing during execution.
Integral has long supplied trading technology to banks, brokers, investors and cross-border payment companies.
The company has increasingly expanded that infrastructure into digital assets, applying technology developed for foreign exchange markets to cryptocurrency trading.
Its role in RooRooEx is centered on pricing, execution and liquidity infrastructure rather than operating the platform itself.
CloudTech said the arrangement should give customers access to deeper liquidity and reduce slippage.
Slippage occurs when the final execution price differs from the price expected when a trade is submitted, particularly during large orders or periods of thin liquidity.
Connecting several liquidity providers can improve the range of available prices, although actual execution will still depend on market conditions and available depth when an order reaches the market.
RooRooEx also integrates with CloudTech Custody.
Customers can apply for a separate custody account for longer-term storage or withdraw digital assets to external wallets, according to the company.
That separation between trading and custody is likely to receive closer attention as Australian regulators move digital asset platforms toward formal licensing and operating standards.
CloudTech General Manager of Treasury, Custody and Capital Markets Edward Zhang said the company wants to extend trading capabilities normally associated with professional markets to a wider group of investors.
He said RooRooEx combines CloudTech’s trading and custody services with Integral’s execution infrastructure.
CloudTech also said the system includes role-based permissions and controls across trading, settlement, reconciliation and risk monitoring.
Integral Chief Executive Harpal Sandhu said digital asset platforms are increasingly adopting technology similar to systems used in established financial markets.
The RooRooEx launch comes as competition grows among trading firms trying to connect cryptocurrency markets with infrastructure developed for banks and institutional investors.
Digital assets trade continuously across exchanges, market makers and OTC venues, often producing differences in liquidity and pricing between platforms.
Aggregation technology attempts to bridge those separate pools by bringing pricing information into one execution system.
For larger investors, the attraction is not simply access to cryptocurrencies but the ability to execute orders with controls, reporting and trading tools closer to those used in traditional markets.
Australia’s regulatory transition adds another element to that shift.
ASIC has said its updated approach is intended to bring digital asset financial services under clearer investor protection and market conduct requirements.
For RooRooEx, the timing places its launch at the intersection of two trends: crypto trading infrastructure becoming more institutional in design and regulators demanding more formal oversight of the businesses offering it.
How the platform develops will depend partly on the liquidity it can attract, trading activity from customers and the regulatory arrangements covering its services in each market.
