This racemic compound is utilized as a ligand in transition metal-catalyzed reactions, including hydrogenation, carbon-carbon bond formation, and coupling reactions such as Suzuki-Miyaura and Heck. It is the racemic form of a chiral ligand commonly employed in asymmetric catalysis when resolved into enantiopure forms. Its unique spirobi[2H-1-benzopyran] structure and diphenylphosphino groups make it effective in coordinating with metal centers, aiding in the synthesis of organic molecules. This makes it valuable in the production of pharmaceuticals, agrochemicals, and fine chemicals. Additionally, its stability and tunable properties allow for its use in diverse catalytic systems, contributing to advancements in synthetic organic chemistry.