Used as a key intermediate in organic synthesis, particularly in the preparation of phosphorus-containing ligands for catalytic reactions. Its structure allows for the stabilization of metal complexes in homogeneous catalysis, making it valuable in cross-coupling reactions and transformations involving palladium or nickel catalysts. The compound’s phosphonate groups enable further functionalization, supporting applications in materials science, such as the development of organic electronic materials or sensors. It is also explored in the design of novel polymers with tailored electronic properties due to the anthracene core’s fluorescence and planarity.