Used as a ligand in transition metal catalysis, particularly in homogeneous catalysts for cross-coupling reactions and hydrosilylation. Its unique electronic properties enhance catalyst stability and reactivity. Commonly applied in palladium- and rhodium-based systems for forming carbon-carbon and carbon-heteroatom bonds in fine chemical synthesis. Also investigated in asymmetric catalysis due to its chiral ferrocenyl backbone, enabling enantioselective transformations in pharmaceutical and agrochemical manufacturing.