Used as a chiral cobalt catalyst in asymmetric synthesis, particularly in enantioselective epoxidation and cyclopropanation reactions. Its well-defined stereochemistry enables high enantioselectivity in the formation of carbon–carbon and carbon–oxygen bonds. Commonly applied in academic and pharmaceutical research for synthesizing optically active intermediates. The tetrafluoroborate counterion enhances solubility in polar organic solvents, supporting its use in homogeneous catalytic systems.