This chiral compound, featuring a binaphthyl core with protected hydroxy groups and boronic acid pinacol esters, serves primarily as a versatile intermediate in asymmetric synthesis. It is particularly valuable in cross-coupling reactions, such as Suzuki-Miyaura couplings, where the boronic ester functionality enables the formation of carbon-carbon bonds while the inherent chirality of the binaphthyl scaffold imparts stereocontrol, leading to enantiomerically enriched products. This makes it essential for pharmaceutical development, allowing the creation of single-enantiomer drugs. Additionally, it is utilized in the synthesis of complex organic molecules, including natural products, fine chemicals, and chiral catalysts or ligands, where precise control over stereochemistry is required. Its stability under coupling conditions and compatibility with various catalysts highlight its utility in both academic research and industrial applications.