AbstractPt(PPh3)2(CH2CH2) appeared to be a versatile catalyst in hydrosilylation of alkenes (with 5–22 C atoms) as well as of functionalized alkenes such as allyl chloride, allylamine, allyl methacrylate and vinylsilanes. In comparison with a well‐known Speier catalyst or with Pt(PPh3)4, this complex is characterized by a very high effectiveness (activity and selectivity) and relative resistance to oxygenation and it may be applied in recycling runs with a minor induction period. The catalytic processes examined are of great industrial importance since they lead to a synthesis of alkylsilanes, disilylethanes and silane coupling a