It is made by master Korean craftsman Truxton, it’s 100% wood, fully posable and 100% transformable at scale, which is testament as much to Blizzard’s character design (they didn’t cut any corners when it came to drawing/modelling his two modes) as it is Truxton’s immense skills.
You can also see the full making-of video:
Info taken from:
https://kotaku.com/hand-made-bastion-figure-actually-transforms-1787645582
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