Widely used as a precatalyst in homogeneous catalysis, especially in asymmetric hydrogenation and C–H activation reactions. Its unique ligand environment enhances catalytic activity and selectivity under mild conditions. Commonly employed in the synthesis of fine chemicals, pharmaceuticals, and chiral intermediates where high enantioselectivity is required. Soluble in nonpolar organic solvents, making it suitable for use in a variety of reaction media. Often paired with chiral ligands to enable efficient transformation of prochiral substrates. Stable under inert atmosphere, allowing for reliable performance in sensitive catalytic processes.