Used as a chiral N-heterocyclic carbene (NHC) precursor in asymmetric catalysis. It plays a key role in enantioselective transformations such as hydrogenation, cyclopropanation, and C–C bond-forming reactions. The ligand derived from this compound coordinates to transition metals like palladium, rhodium, and ruthenium, enabling high stereocontrol in the synthesis of pharmaceuticals and fine chemicals. Its steric bulk and electronic properties enhance catalyst stability and selectivity. Commonly applied in academic and industrial research for developing chiral molecules with high optical purity.