This chemical is primarily utilized as a ligand in catalytic processes, particularly in transition metal-catalyzed reactions. Its unique structure, featuring adamantyl groups, enhances steric bulk and electron density, making it effective in stabilizing metal complexes and improving catalytic efficiency. It is often employed in cross-coupling reactions, such as Suzuki-Miyaura and Buchwald-Hartwig couplings, where it facilitates the formation of carbon-carbon and carbon-nitrogen bonds. Additionally, its robust nature allows for use in challenging reaction conditions, including high temperatures and strong bases, making it valuable in pharmaceutical and fine chemical synthesis.