This idea already used by so many project i.e stobox to issue the security token for the investors who wanna be its client but it's very sad to see that people didn't like that and they were issuing their own coin consider they can audit their own smartcontract.
stobox is not a successful one too. I doubt this platform will become a big one. Investors can do that by themselves.
Umm, stobox is nothing like dusk. In fact nothing is like Dusk. This is has L1 privacy with first confidential security contract standard in the world. There are no projects like this. And they have build everything themselves. Even tezos is trying with using Dusk's PLONK code.
Meanwhile dusk is building regulatory compliant DeFi , it isn't only for STO's but they are building STE. They already have huge partners and infrastructure in place. It's actually
designed to be regulatory compliant for tokenization of securities unlike rest of them.
Read up. I know it's complex but i think you will be surprised.
https://dusk.network/news/confidential-security-contract-standard-xsc-v2https://dusk.network/pages/roadmap