Asymmetric alkyne addition to aldehydes catalyzed by our BINOL-based (BINOL = 1,1′-bi-2-naphthol) catalyst system has allowed easy access to a variety of functionalized chiral propargylic alcohols with high enantiomeric purity. This article summarizes our work on using these chiral propargylic alcohols for the synthesis of structurally diverse organic molecules.Optically active tetronic acids and aminofuranones have been synthesized by the regiospecific hydration and amine addition, respectively, of chiral γ-hydroxy-α,β-acetylenic esters, a type of functionalized propargylic alcohol. Ruthenium-carbene-catalyzed ring-closing metathesis and octacarbonyldicobalt(0)-mediated Pauson-Khand (PK) cycloadditions have been used to convert propargylic alcohol based enynes into optically active mono-and bicyclic products, respectively. A chiral propargylic alcohol derived dienediyne has been subjected to a rhodium(I)-catalyzed PK cycloaddition, followed by enyne metathesis catalyzed by the Grubbs II catalyst and a Diels-Alder reaction, leading to the formation of a polycyclic product with high chemo-and stereoselectivity. Finally, a highly chemo-and stereoselective domino PK/[4+2] cycloaddition of a series of optically active trienynes has been discovered to quickly generate tetracyclic products that contain a spirocyclic framework and a quaternary carbon center.This work demonstrates that the BINOL-catalyzed asymmetric addition of alkynes to aldehydes is a very useful process for the asymmetric synthesis of structurally diverse organic products.