This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions. Its boronate ester group makes it a valuable intermediate in Suzuki-Miyaura coupling, a widely employed method for forming carbon-carbon bonds. This reaction is essential in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Additionally, the methoxymethyl group enhances the stability and reactivity of the compound, making it suitable for use in complex molecular constructions. Its application extends to the development of biologically active compounds, where it serves as a key building block in drug discovery and development processes.