“…Surface ligands are generally introduced during the colloidal synthesis of nanocrystals; − however, most of the ligands, long-chain aliphatic amines and phosphines (neutral 2-electron donating L-type) , and long-chain aliphatic carboxylates and phosphonates (1-electron donating X-type), , are insulating in nature. Therefore, in order to enhance the electrochemical − and charge transport properties, ,− and biological imaging detection of nanocrystals, − postsynthetic surface ligand exchange is routinely carried out. The ligand exchange reaction strongly affects the emission properties (PLQY and PL lifetime) ,,− and excitonic absorption characteristics of nanocrystals. , Recently Weiss and co-workers, , our group, , and others have shown that postsynthetic ligand exchange of CdSe and/or CdS nanocrystals with X-type ligands induces the delocalization of quantum-confined holes causing a red-shift in the first excitonic absorption peak, which can be characterized as an “increase the confinement box size”. , However, such change in the optical properties was found to be irreversible.…”