Yes but you have to remember that stocks are securities, so they have fiduciary responsibilities, there are legal requirements to be listed as a stock and liquidity requirements. Shitcoins CHOSE not to do it, they could, there are STOs already doing that, you can look at the BMN on stokr, its a regulated security issued on the liquid network.

Shitcoins purposefully don't take these routes because they want to play in this grey area free of regulation for the time being so they can scam people out of their money with vapourwear