Overview
- CloudTech announced RooRooEx as a digital‑asset trading platform built on Integral’s technology that aggregates liquidity from multiple providers and routes orders across venues.
- The platform supports AUD, USD and USDT trading pairs and offers market orders, limit orders and time‑weighted average price (TWAP) strategies along with separate controls for trading, risk, settlement and reconciliation.
- Australian records show RooRooEx is a business name of CloudTechX Pty Ltd and CloudTechX is registered with AUSTRAC for AML and remittance duties but does not hold its own Australian Financial Services Licence (AFSL).
- A public disclosure lists CloudTechX as a corporate authorised representative of Bellevue Hill Capital with authorisation limited to approved non‑cash payment products, and CloudTech has not said whether RooRooEx is covered by that authorisation.
- Regulatory urgency is rising because transitional relief for some digital‑asset services is due to end soon, leaving CloudTech to clarify whether it will apply for the necessary AFS licences or rely on interim measures while expanding in Australia, Singapore and Malaysia.