Used as a chiral N-heterocyclic carbene (NHC) precursor in asymmetric catalysis. It plays a key role in enantioselective transformations, particularly in the synthesis of complex organic molecules where stereocontrol is critical. Commonly employed in transition metal catalysis, such as ruthenium- or palladium-based systems, to promote asymmetric benzoin condensations, hydrogenations, and cross-coupling reactions. Its bulky, chiral structure helps induce high enantioselectivity in the final products, making it valuable in pharmaceutical and fine chemical synthesis.