This compound is a chiral bis(oxazoline) ligand with a cyclobutane-1,1-diyl linker connecting two indeno[1,2-d]oxazole units, featuring specific (3aR,3a'R,8aS,8a'S) stereochemistry. It is primarily utilized as a ligand in asymmetric catalysis, forming complexes with transition metals such as copper, palladium, or ruthenium to enable enantioselective transformations. Key applications include enantioselective cyclopropanation, allylic substitution, Diels-Alder reactions, and other C-C or C-N bond-forming processes, which are essential for synthesizing enantiomerically pure pharmaceuticals, agrochemicals, and advanced materials. Its rigid, bidentate structure provides excellent control over stereoselectivity, often achieving high enantiomeric excess (ee) values.