Topics concerning the cationic ring-opening polymerization of cyclic imino ethers and functional material production based on the resulting polymers are reviewed. Cyclic imino ethers are readily subjected to isomerization polymerization via cationic initiators. Mechanistic studies have provided a new concept, electrophilic polymerization. Double isomerization polymerization and no-catalyst alternating copolymerization are interesting examples that show characteristics of the ring opening of cyclic imino ethers. The living polymerization of these monomers affords precisely controlled polymeric materials. Through the use of the unique properties of the product polymers, various functional polymeric materials, such as polymeric nonionic surfactants, compatibilizers, hydrogels, stabilizers for dispersion polymerization, biocatalyst modifiers, and supramolecular assemblies, have been developed.