Who do you expect to use this? As I understand it most COBOL use is on legacy mainframes that definitely aren't going to also be running .NET anytime soon. When a company is hiring a COBOL programmer they aren't hiring someone to just sling code--anyone can learn the language--they're hiring someone who can parachute into decades old legacy systems with zero documentation, archaic and non-existent media (tape drives)…
Given the amount of proprietary and paid-to-use COBOL compilers which run on .NET and the JVM, I would say that you're not correct. It does in fact run on .NET already. The fact that there is a COBOL 2022 standard (yes, it's still being maintained) should have given enough of a clue that COBOL doesn't run only on legacy mainframes and tape drives anymore. Sure, there are still companies using COBOL 85, but that's not…
There is an enormous amount of new COBOL being written even for mainframes.
There is almost certainly a large market for COBOL on .NET if it managed to replicate some of the functionality IBM added on top of the standard.
A better term for COBOL (and mainframes for that matter) would be niche, not legacy. It's the best language for a very particular subset of business problems, and there hasn't really been much attempt to replicate that functionality by newer languages, and so COBOL remains in use. There simply is not much overlap between the folks coming out of school interested in language design/theory and those that are aware of COBOLs continued dominance in certain types of business.
It's also ruthlessly efficient compared to something like Java or .NET, and even beats out C by a wide margin in certain scenarios. That isn't as important if your not laying mainframe licensing fees, but it is a common headache that makes migration to some of the current virtualization based modernization platforms a headache.