This chemical is primarily utilized as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. Its unique structure, featuring a spirobiindane backbone and sterically demanding tert-butyl groups, enhances enantioselectivity in various organic transformations. It is commonly employed in asymmetric hydrogenation, where it facilitates the production of enantiomerically pure compounds, crucial in the synthesis of pharmaceuticals and fine chemicals. The ligand’s ability to induce high stereocontrol makes it valuable in the development of chiral intermediates for drug candidates, agrochemicals, and other high-value products. Additionally, its stability and robustness under reaction conditions contribute to its effectiveness in industrial-scale applications.