The process of an exchange removing a company from a financial (stock) market in response to an application from the company’s management or because the company violated a rule.
Delisting is the process whereby an exchange removes a company listed on its market. The leading reason for this process is that the management of the company asked the exchange to carry out the process. However, there are also instances whereby the exchange takes the initiative to delist the company because it contravened its rules. Regardless of the reason for delisting, the process has severe implications for the operation of the delisted company, including the loss of trading pairs and a disruption of its assets.
A crypto exchange can delist a token for any number of reasons. It could be because the token is no longer actively traded, is too volatile, has been exploited by hackers, or the underlying project no longer exists.