Who holds the money?
Deal funds are held in a non-custodial smart contract and are handled according to predefined logic. Nexelorant does not take deal funds into intermediary custody. The code does, however, provide for transferring a fee portion to the technical financial address specified in the deal's parameters.
In Nexelorant Account, protected signed operations are verified against the owner's public key. Other handlers have separately defined sender rights: Nexelorant's infrastructure can relay the execution messages the contract provides for. Owner authorization and operator authority are different mechanisms.
Once locked, the assets are governed by the contract's logic. That also means they pass out of your direct control — until the operation reaches an outcome the contract recognizes.