--- title: "Darley Technologies AG, the sister company" language: en canonical: https://dossiertwist.com/dossiers/digital-wave-finance/darley/ as_of: 2026-10-07 keywords: ["Digital Wave Finance AG","DWF Labs","Andrei Grachev","Marco Schweizer","Remo Schweizer","Michael Rendchen","Louis Bisang","Darley Technologies AG","Turcapital AG","Digital Wave Assets AG","DWF LABS PTE. LTD.","DWF MaaS Limited","Huobi Russia","VRM Trade","Black Ocean","World Liberty Financial","FTX","Zug commercial register","crypto market maker","high-frequency trading"] --- # Darley Technologies AG, the sister company - Also known as: Darley Technologies SA · Darley Technologies Ltd. · Darley Technologies - Jurisdiction: Switzerland (CH) - Company register: CHE-148.754.173 (Swiss commercial register (Canton of Zug)) - Profiles: **Question.** What is Darley Technologies AG, and how is it connected to Digital Wave Finance AG and DWF Labs? **Answer.** Darley Technologies AG was registered in Zug in May 2021 with share capital of CHF 1 million paid in with 30 bitcoin, and Michael Rendchen and Marco Schweizer on its board; since October 2022 Clément Florentin has chaired it, with Marco and Remo Schweizer as members. From June 2023 it shared Digital Wave Finance AG's registered address, until June 2026, and the same purpose wording, until September 2025, and the two recruit through the same careers account. Florentin describes them as sister companies with largely the same teams, and the cryptocurrency news outlet reported that Darley's website listed DWF Labs as a liquidity provider until late 2023. ## In the register - Analysis: Darley Technologies AG (CHE-148.754.173; also Darley Technologies SA and Darley Technologies Ltd.) was entered in the Zug commercial register on 6 May 2021 under articles of 15 April 2021. At its foundation it took over 30.0464807 bitcoin under a contribution-in-kind agreement of 15 April 2021, issuing in return 100,000,000 registered shares of CHF 0.01, for a fully paid share capital of CHF 1,000,000. Its original purpose was trading financial instruments in its own name and for its own account, software development and holding participations. Its founding board consisted of Michael Rendchen as chair and Marco Schweizer as member, each with individual signing authority. With entry 2 (19 October 2022) Rendchen left, Clément Florentin became chair and Remo Schweizer a member, both with joint signing authority, and Marco Schweizer's signing authority became joint. As of 7 October 2026 the board consists of Florentin, Remo Schweizer and Marco Schweizer. [src-006] - Analysis: Darley's registered address was Unter Altstadt 20 in Zug until entry 3 (20 June 2023), then Aabachstrasse 8, 6300 Zug, the registered address of Digital Wave Finance AG from the same month, until entry 5 (15 June 2026); it is now Gotthardstrasse 2, 6300 Zug. Entry 3, based on articles dated 5 June 2023, the same date as Digital Wave Finance AG's amended articles, also gave Darley a purpose identical in wording to that company's 2023 purpose: IT services and software development, in particular for financial-market companies, the sale of its own software products and the operation of platforms. With entry 4 (19 September 2025; articles of 10 September 2025; SHAB 24 September 2025) the purpose became developing, marketing, distributing and licensing software, in particular for use on blockchains and in digital applications, buying and selling digital assets, and trading non-standardised, bespoke over-the-counter derivatives on digital assets and blockchain technology. A search of the Swiss Federal Supreme Court's decision database for the exact name "Darley Technologies" on 7 October 2026 returned no decisions; because the court anonymises parties in published decisions, the empty result does not exclude proceedings. [src-006] [src-001] [src-044] [src-054] ## Two brands with the same teams - Analysis: According to the cryptocurrency news outlet, in 2020 Marco Schweizer asked his former IMC colleague Clément Florentin to work with him, and they agreed that Digital Wave Finance would continue to focus on spot and futures trading, while Florentin would build his own brand, Darley Technologies, for options, exotic derivatives and requests for quotes. In a podcast interview Florentin said: "That's the reason why we have two brands but then the teams are a bit the same," describing the two as sister companies and "one big family"; that is Florentin's own description, quoted by the cryptocurrency news outlet. The cryptocurrency news outlet reported that Darley was set up in 2021 with 30 bitcoin in starting capital, when bitcoin traded at around $60,000, and named Marco Schweizer and Rendchen as founding shareholders according to company records; a person familiar with the matter said Marco Schweizer had intended to invest around $1 million to pay salaries in the early days. The register records the bitcoin contribution in kind and the founding board but does not name shareholders, and the $1 million figure comes from an unnamed person. [src-002] - Analysis: In February 2023, the cryptocurrency news outlet reported citing his professional profile, Sylvain Barbezange, then head of OTC trading at Darley Technologies, moved to Digital Wave Finance as Head of Institutions. The cryptocurrency news outlet also reported that Darley's website showed DWF Labs as a liquidity provider until shortly before December 2023, when the page was removed, and that Darley's investment arm Darley Labs had invested in OpenEden, the firm co-founded by Eugene Ng; the website pages are described by the cryptocurrency news outlet and not retained here. Digital Wave Finance AG and Darley Technologies AG recruit through the same Workable careers account: a Rust developer vacancy for low-latency trading in Zug, posted there on 20 July 2026, lists "Darley Technologies AG" as its department and begins with a description of Darley. A shared recruitment account shows common administration of hiring; it does not by itself show ownership or control. [src-002] [src-085] [src-084] ## Sources - [src-006] Commercial register extract: Darley Technologies AG (CHE-148.754.173), Commercial Register Office of the Canton of Zug, 2026-10-07 - [src-001] Commercial register extract: Digital Wave Finance AG (CHE-339.148.394), Commercial Register Office of the Canton of Zug, 2026-10-07 - [src-044] Corporate registry source · src-044 - [src-054] Swiss Federal Supreme Court decision search: "Darley Technologies", Swiss Federal Supreme Court, 2026-10-07 - [src-002] Media source · src-002 - [src-085] Company statement source · src-085 - [src-084] Company statement source · src-084