Predicted to enable several functions, including m7G(5')pppN diphosphatase activity; nucleotide phosphatase activity, acting on free nucleotides; and phosphodiesterase decapping endonuclease activity. Predicted to be involved in mRNA catabolic process and sno(s)RNA catabolic process. Predicted to be active in nucleus. Orthologous to human NUDT16 (nudix hydrolase 16). [provided by Alliance of Genome Resources, Apr 2022]