Used as a chiral organocatalyst in asymmetric synthesis, particularly in enantioselective fluorination and trifluoromethylation reactions. Its unique perfluorophenyl and isopropyl substituents enhance both reactivity and stereocontrol, making it effective for constructing chiral centers in pharmaceutical intermediates. The tetrafluoroborate counterion contributes to solubility in polar aprotic solvents, facilitating its use in homogeneous catalytic systems. Commonly applied in the development of bioactive molecules where high enantiomeric excess is required.