Enables nucleic acid binding activity and ribosome binding activity. Involved in several processes, including cellular response to arsenic-containing substance; cellular response to hypoxia; and negative regulation of cytoplasmic translation. Acts upstream of or within negative regulation of translational elongation. Located in cytoplasm. Part of messenger ribonucleoprotein complex and polysome. Is expressed in central nervous system. Orthologous to human CPEB2 (cytoplasmic polyadenylation element binding protein 2). [provided by Alliance of Genome Resources, Apr 2022]