The aim of this perspective is to highlight the potential application of (superpara)magnetic nanoparticles in asymmetric catalysis. The unique combination of high enantioselectivity and enhanced reactivity combined with its recyclability and ease of separation makes this chiral nanotechnology one of the most promising strategies for the formation of enantiomerically enriched compounds on an industrial scale. This perspective focuses on the most representative examples of this young and emerging research field and highlights recent achievements and future prospects of magnetic nanoparticles in asymmetric catalysis.