This Frodo Baggins vinyl figure is released by Funko in their POP! Movies x Lord of the Rings vinyl figure series.
Funko POP! is a crossover vinyl figure series by Funko and other famous franchises such as Disney, Pixar, DC Comics, Marvel Comics, Simpsons, South Park, Uglydoll, etc. Each POP! figure is about ~3" to ~5" tall and crafted in a Japanese anime/manga super-deformed style (NOTE: due to the unique design of each character, the actual size of the figures may be smaller or bigger than stated).
The POP! Movies x Lord of the Rings series features characters from the live action movie series which is based on the J. R. R. Tolkien novel of the same name. Set in the fictional world of Middle-earth, the films follow the hobbit Frodo Baggins as he and a Fellowship embark on a quest to destroy the One Ring, and thus ensure the destruction of its maker, the Dark Lord Sauron.