Used as a chiral catalyst in asymmetric synthesis, enabling high enantioselectivity in reactions such as asymmetric phosphorylation and desymmetrization of prochiral substrates. Its binaphthyl backbone with bulky anthracenyl groups enhances stereochemical control, making it effective in producing enantiomerically pure pharmaceuticals and fine chemicals. Also applied in the synthesis of chiral phosphates and phosphonates, which serve as key intermediates in bioactive molecule development.