Widely used as a chiral ligand in asymmetric catalysis, this compound plays a key role in enantioselective transformations such as hydrogenation and cross-coupling reactions. Its rigid, well-defined stereochemistry enhances selectivity, making it valuable in the synthesis of pharmaceutical intermediates and fine chemicals. The phosphine groups coordinate effectively with transition metals like palladium, rhodium, and ruthenium, forming highly active catalysts. Due to its steric bulk and electronic properties, it supports high turnover numbers and excellent enantiomeric excess in various industrial and academic applications.