Widely used as a chiral catalyst in asymmetric synthesis, particularly in enantioselective cross-coupling reactions. It enables the formation of carbon–carbon bonds with high enantioselectivity, making it valuable in the synthesis of pharmaceutical intermediates and fine chemicals. Its structure supports efficient stereocontrol, especially in Kumada and Negishi couplings involving aryl and vinyl halides. The catalyst is effective at low loadings and operates under mild conditions, which enhances its utility in industrial-scale asymmetric transformations.