Proazaphosphatranes (also named Verkade's superbases) and their azaphosphatrane conjugated acids have been recently been shown to be confined in either covalent or self-assembled molecular cages, or immobilized in nanopores of hybrid materials. The encapsulation of these phosphorus moieties turns out to strongly affect both their acid-base, catalytic, and recognition properties. The thermodynamics and kinetics of the proton transfer as well as the selectivity and catalytic activities of Verkade's superbases were strongly changed upon their confinement in a hemicryptophane cavity. Moreover, self-assembled cages, including azaphosphatrane moieties, were found to display remarkable anion recognition properties in water. In this Minireview, these new aspects of the chemistry of aza- and proaza-phosphatranes are presented, in order to highlight the great potential of such an approach.