Keiretsu Capital secures $4.2 million first close of a blockchain fund of funds

Keiretsu Capital said it completed a $4.2 million first close of a blockchain fund of funds and anticipates a second close in June, with commitments so far of $1.5 million.

The firm now has capital under management of more than $23 million.

The firm, which is affiliated with the angel network Keiretsu Forum, said it secured investment allocations with Blockchain Capital, Pantera Capital, and Future Perfect Ventures.