ISG20L2 is a vertebrate-specific DEDDh-motif 3'-5' exoribonuclease of the RNase T superfamily that drives ribosome biogenesis through processing of pre-rRNA spacers (PMID:38153123, PMID:41261865). A 2.9 Å crystal structure established its αβα fold and defined the catalytic DEDDh residues (Asp183, Glu185, Asp267, His322, Asp327), with mutagenesis confirming the catalytic mechanism and mapping RNA substrate-binding residues (PMID:38153123). Functionally, it removes the ITS1 region during 18S pre-rRNA maturation (PMID:38153123) and is also required for efficient removal of the 3'ETS, ITS1 trimming after cleavage at site 2, and 3' processing of the U8 snoRNA precursor, thereby contributing to maturation of both 18S and 28S rRNA 3' ends; its loss causes accumulation of 3'-extended pre-rRNAs and disorganization of the nucleolar peripheral dense fibrillar component (PMID:41261865). Consistent with a nucleolar ribosome-biogenesis role, ISG20L2 co-immunoprecipitates with preribosomal complexes sharing components with nucleophosmin-, SBDS-, and NIP7-associated complexes, and its depletion impairs ribosome biogenesis and cell proliferation (PMID:22540864, PMID:38153123). Beyond the nucleolus, ISG20L2 preferentially degrades uridylated miRNA substrates and is induced in T cells by TCR and type I IFN stimulation, where it shapes activation markers, cytokine output, immune-synapse organization, and expression of immunoregulatory molecules (PMID:37646974). In the cytoplasm of multiple myeloma cells, ISG20L2 directly binds the proteasome inhibitor bortezomib and competes with PSMB5 for the drug, attenuating proteasome inhibition and conferring bortezomib resistance (PMID:36040812).