Widely used in organic synthesis as a boronic ester coupling partner in Suzuki-Miyaura cross-coupling reactions. It enables the formation of carbon-carbon bonds, particularly in the construction of biaryl and conjugated aromatic systems. The presence of the 10-phenylanthracene moiety makes this compound valuable in the development of organic light-emitting diodes (OLEDs) and other optoelectronic materials, where extended π-conjugation is essential for efficient luminescence and charge transport. Its stability and reactivity profile allow for selective transformations under mild palladium-catalyzed conditions, making it suitable for use in complex molecule synthesis, including pharmaceuticals and functional materials.