Used as a fluorescent probe in biological imaging due to its strong emission properties and stability in aqueous environments. Its structure allows for efficient two-photon absorption, making it suitable for deep-tissue imaging with reduced background interference. Commonly applied in cellular staining to track membrane dynamics and intracellular structures. Also employed in optoelectronic devices as an active component in organic light-emitting diodes (OLEDs) thanks to its high quantum yield and tunable emission. Additionally, serves as a ligand in catalytic systems where boron coordination enhances reactivity and selectivity in synthetic transformations.