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Cord blood contains all the normal elements of blood-red blood cells, white blood cells, platelets and plasma. But it is also rich in hematopoietic (blood-forming) stem cells, similar to those found in bone marrow. This is why cord blood can be used for transplantation as an alternative to bone marrow.
1 Red marrow contains hematopoietic stem cells that produce two other types of stem cells: myeloid stem cells and lymphoid stem cells. 2  These cells develop into red blood cells, white blood cells, or platelets. 3  Myeloid Stem Cells-develop into red blood cells, platelets, or myeloblast cells.