Walter Hessert

Head of Strategy


Walter Hessert is an experienced entrepreneur and strategist, with a decade building software businesses in highly regulated industries. As Head of Strategy at Paxos, Walter leads Corporate Development and Growth functions. Walter has served as the primary architect of Paxos’ most complex and large-scale digital asset partnerships, including PayPal, Mastercard and Interactive Brokers.  His agility and innovative approach to building long-term enterprise agreements has allowed Paxos to distinguish itself as the trusted, regulated infrastructure provider to multinational tech and financial brands.  Additionally, he led the fundraising efforts for the Company’s Series C ($145 million) and Series D ($300 million) investment rounds.

Before joining Paxos, he was co-founder and Chief Product Officer of Derby Games, a leading regulated gaming company based in NYC.   Walter worked closely with regulators to get licenses to operate in 37 states and multiple international jurisdictions, led negotiations with operators globally to gain access to live racing content from over 200 race tracks around the world and worked with top tech companies such as Facebook and PayPal as a launch partner for their expansion in to serving real money gaming.  After Derby Games, Walter built a software development studio based in Yerevan, Armenia.  Walter holds a BA in Political Science from Notre Dame.